Investor Relations Reporting Key figures

Key figures

For the definitions of alternative performance measures (APMs), click here.

Key figures at a glance

EUR million	2022	2021	2020¹ Adjusted in accordance with IAS 8, see the “Accounting policies” section of the Notes.	2019	2018
Gross written premiums	53,431	45,507	41,109	39,494	34,885
by region
Germany	17%	20%	21%	22%	25%
United Kingdom	9%	9%	9%	8%	8%
Central and Eastern Europe (CEE), including Türkiye	7%	7%	7%	8%	8%
Rest of Europe	15%	16%	16%	16%	16%
USA	24%	21%	20%	20%	18%
Rest of North America	4%	4%	3%	3%	2%
Latin America	7%	6%	7%	8%	8%
Asia and Australia	16%	15%	16%	14%	13%
Africa	1%	2%	1%	2%	2%
Net premiums earned	44,722	37,863	34,190	33,054	29,574
Underwriting result	-792	-2,195	–2,821	-1,833	-1,647
Net investment income	3,700	4,718	4,240	4,323	3,767
Net return on investment² Ratio of net investment income excluding interest income on funds withheld and contract deposits and profit on investment contracts to average assets under own management.	2.6%	3.4%	3.2%	3.5%	3.3%
Operating profit/loss (EBIT)	3,372	2,454	1,645	2,430	2,032
Net income (after financing costs and taxes)	2,461	1,730	1,170	1,671	1,359
of which attributable to shareholders of Talanx AG	1,172	1,011	648	923	703
Return on equity³ Ratio of net income excluding non-controlling interests to average equity excluding non-controlling interests.	12.9%	9.6%	6.3%	9.8%	8.0%
Earnings per share (in EUR)	4.63	4.00	2.56	3.65	2,78
Combined ratio in property/casualty primary insurance and property/casualty reinsurance⁴ Combined ratio taking into account interest income on funds withheld and contract deposits, before elimination of intragroup cross-segment transactions.	98.9%	97.7%	101.0%	98.3%	98.2%
Combined ratio of property/casualty primary insurers	96.9%	97.1%	98.9%	98.3%	100.6%
Combined ratio of property/casualty reinsurance	99.9%	97.7%	101.6%	98.2%	96.6%
Policyholders' surplus	17,601	22,704	20,572	20,089	16,999
Equity attributable to shareholders of Talanx AG	7,465	10,776	10,367	10,149	8,713
Non-controlling interests	5,127	7,169	6,732	6,461	5,548
Hybrid capital	5,009	4,759	3,473	3,479	2,738
Assets under own management	128,599	136,073	128,301	122,638	111,868
Total investments	140,569	147,835	138,705	134,104	122,831
Total assets	193,133	197,524	181,035	177,594	162,188
Carrying amount per share at end of period (EUR)	29.46	42.58	41.01	40.15	34.47
Share price at end of period (EUR)	44.32	42.54	31.76	44.18	29.80
Current dividend proposal and prior-years dividends (per share; EUR)	2.00	1.60	1.50	1.50	1.45
Talanx AG’s market capitalisation at end of period	11,229	10,767	8,029	11,169	7,533
Employees (as at the reporting date)	23,669	23,954	23,527	21,516	20,780

1) Adjusted in accordance with IAS 8, see the “Accounting policies” section of the Notes.
2) Ratio of net investment income excluding interest income on funds withheld and contract deposits and profit on investment contracts to average assets under own management.
3) Ratio of net income excluding non-controlling interests to average equity excluding non-controlling interests.
4) Combined ratio taking into account interest income on funds withheld and contract deposits, before elimination of intragroup cross-segment transactions.

Fact Sheet