Jan Wicke on the nine-month result: "We are delivering on our purpose, our customers trust us".

Large losses after natural catastrophes, the Russian war in Ukraine and rising inflation – there were high burdens in the first nine months. Nevertheless, Talanx CFO Jan Wicke is satisfied with the result after three quarters; the Group even raises its outlook in parts. In this way, Talanx is underlining its resilience and strength.

For Group net income, Talanx achieves an increase of 8.6 percent to EUR 785 million and is thus fully on track to achieve its target for the full year 2022 of between EUR 1,050 and 1,150 million.

For Jan Wicke, the growth figure after nine months is a reason to be particularly proud: in uncertain and difficult times, the double-digit increase of 18.5 per cent to EUR 41.7 billion shows the customer’s trust in the Group.

The Group is even raising its growth outlook for the current financial year and expects a year-on-year increase of 10 percent in premiums, adjusted for currency effects. Thus, for the first time in the company's history, the Group expects premium income to exceed 50 billion euros in 2022.

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.