Talanx predicts EUR1.25bn nine-month profit and raises 2023 net income forecast
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Talanx predicts EUR1.25bn nine-month profit and raises 2023 net income forecast

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The Talanx Group expects to report a net income of over EUR1.25bn ($1.3mn) in the first nine months, with particularly strong operating performance in primary insurance.

As a result, the company has increased its net income forecast for 2023, expecting to “significantly exceed” EUR1.5bn.

The Hannover Re and HDI owner said it expected the acquisition of Liberty Mutual’s Brazilian business to close during the fourth quarter,...

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