Talanx achieves Group net income of slightly above EUR 900 million

On the basis of consolidated, preliminary numbers for the fiscal year 2016, the Talanx Aktiengesellschaft has achieved a Group net income of slightly above EUR 900 million (2015: EUR 734 million) thereby clearly surpassing its own earnings target. On the one hand, this results from lower than expected large losses in the Group. On the other hand, special tax effects have also contributed to the improvement of the result.

Subject to the approval of the supervisory board, the dividend proposal for the fiscal year 2016 to the AGM will be increased to EUR 1.35 (2015: EUR 1.30). For 2017, Talanx raises the outlook for Group net income to around EUR 800 million from previously at least EUR 750 million.

Talanx will release its final financial results as well as its annual report on 20 March 2017.

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.