Talanx doubles Q4 industrial lines profit as it books EUR367mn Ukraine loss
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

Talanx doubles Q4 industrial lines profit as it books EUR367mn Ukraine loss

Aisling Finn
15 March 2023
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
talanx-hdi-headquarters.jpg

Operating profits in the industrial lines unit of Talanx more than doubled in the fourth quarter of 2022 to EUR93mn ($100mn), compared with EUR46mn in the same quarter last year.

For the whole of 2022, the carrier reported large losses of EUR2.2bn, exceeding its budget of EUR1.8bn. The losses were driven largely by natural disasters, with the carrier booking EUR1.5bn

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Results
aisling finn/aisling finn ii red.png
Aisling Finn
Reporter
Contact
Gift this article