The 100 € mark has been cracked – Talanx has started the year 2025 with the strongest quarterly result in the Group's history to date, despite the high burden of major losses caused by the wild fires in Los Angeles.
This demonstrates: With our balance between primary insurance and reinsurance, we are in a robust position to overcome crises. This development creates further confidence in us as a company and in our share as well. Therefore, we have been able to celebrate another milestone in recent weeks - our share price has cracked the 100 € mark. In this episode, in addition to the Q1 results, we look at our diversified business model and how this has helped us to offset the largest single loss event in history and why exceeding the major loss budget is meaningful for calculating the combined ratio.
The new episode of our Talanx Podcast Insurance Uncovered with Bernd Sablowsky and Bas de Vries.
Disclaimer
This news release contains forward-looking statements which are based on certain assumptions, expectations and opinions of the Talanx AG management. These statements are, therefore, subject to certain known or unknown risks and uncertainties. A variety of factors, many of which are beyond Talanx AG’s control, affect Talanx AG’s business activities, business strategy, results, performance and achievements. Should one or more of these factors or risks or uncertainties materialise, actual results, performance or achievements of Talanx AG may vary materially from those expressed or implied in the relevant forward-looking statement. Talanx AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors nor does Talanx AG accept any responsibility for the actual occurrence of the forecasted developments. Talanx AG neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.