Group News

Statement of Dr Immo Querner, Chief Financial Officer of Talanx AG, about today’s decision of the ECB

We welcome the announcement by the European Central Bank (ECB) that it anticipates to discontinue bond purchases by the end of the year.

In view of the interest rate developments in the USA, the positive development of the economy and the employment market in most of the eurozone, this is an overdue step in the right direction towards normalised pricing in the financial markets. This applies equally to the time value of money and to objective and incentive-based compensation for capital market risks and their distribution.