{"id":3233,"date":"2025-11-13T11:30:55","date_gmt":"2025-11-13T12:30:55","guid":{"rendered":"http:\/\/www.xinetica.com\/?p=3233"},"modified":"2025-11-13T14:29:12","modified_gmt":"2025-11-13T14:29:12","slug":"talanx-posts-record-e1-96bn-net-income-in-9m25-raises-fy-forecast","status":"publish","type":"post","link":"http:\/\/www.xinetica.com\/index.php\/2025\/11\/13\/talanx-posts-record-e1-96bn-net-income-in-9m25-raises-fy-forecast\/","title":{"rendered":"Talanx posts record \u20ac1.96bn net income in 9M\u201925, raises FY forecast"},"content":{"rendered":"

Talanx Group, the parent of Hannover Re, has reported a record \u20ac1.964 billion in group net income for the first nine months of 2025 and is now raising its full-year forecast to over \u20ac2.4 billion.<\/p>\n

\"talanx\"Primary Insurance (51%) and Reinsurance (49%) contributed more or less equally to the record group net income in the period.<\/p>\n

According to Talanx, the growth was driven by a strong operating business performance and a positive claims experience in the third quarter.<\/p>\n

Meanwhile, the firm’s 9M 2025 insurance revenue remained stable at \u20ac36 billion, while the insurance service result rose 6% to \u20ac4 billion.<\/p>\n

At the same time, Talanx’s 9M 2025 combined ratio improved to 89.8%, and return on equity grew to 21.5%.<\/p>\n

\n
\"Brit<\/a><\/div>\n<\/div>\n

Looking at the firm’s Reinsurance Division more closely, 9M 2025 insurance revenue was stable at \u20ac19.7 (19.7) million, while the insurance service result rose 12% to \u20ac2.4 billion.<\/p>\n

The net insurance, financial and investment result before currency effects in the Reinsurance Division amounted to \u20ac363 million, down slightly from \u20ac689 million in 9M 2024, due to losses that were realised so as to make new investments at higher interest rates.<\/p>\n

Operating profit was up 2% to \u20ac2.513 billion in the period, while the division\u2019s contribution to group net income rose 7% to \u20ac976 million.<\/p>\n

Concurrently, insurance revenue in the Property\/Casualty Reinsurance segment in 9M 2025 was on a par with the previous year at \u20ac13.9 billion.<\/p>\n

Large loss payments amounted to \u20ac1.2 billion, which were reportedly “comfortably within” the budget of \u20ac1.6 billion.<\/p>\n

“The highest single loss by some distance was the forest fires in California, at \u20ac615 million. Other large losses included the earthquake in Myanmar (\u20ac91 million) and the fire in an oil refinery in Texas (\u20ac76 million),” Talanx explained.<\/p>\n

The combined ratio in this segment improved to 86%, in line with expectations for a full-year figure of less than 88%.<\/p>\n

The insurance service result in the segment increased by 17% to \u20ac1.7 billion in 9M 2025, while operating profit rose 8% to \u20ac1.9 billion.<\/p>\n

Finally, insurance revenue in Talanx’s Life\/Health Reinsurance segment was also stable at \u20ac5.8 billion.<\/p>\n

At \u20ac671 million, the 9M 2025 insurance service result for the Life\/Health Reinsurance segment was on a par with the previous year and is therefore on course to hit the full-year target of \u20ac875 million.<\/p>\n

Torsten Leue, Talanx AG\u2019s CEO, commented, \u201cWe have generated record results after nine months and have already almost reached our full-year net income for 2024. This shows that our business model, which is based on diversification, decentralisation and cost leadership, is competitive in all market phases.<\/p>\n

“As a result, we are optimistic for the rest of the year and for 2026: we are lifting our earnings forecast for 2025 to more than \u20ac2.4 billion and are aiming in 2026 for Group net income of approximately \u20ac2.7 billion. This means we would reach and exceed our earnings target for 2027 one year earlier than forecast.”<\/p>\n

The post Talanx posts record \u20ac1.96bn net income in 9M’25, raises FY forecast<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Talanx Group, the parent of Hannover Re, has reported a record \u20ac1.964 billion in group net income for the first […]<\/p>\n","protected":false},"author":1,"featured_media":429,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[14],"tags":[],"_links":{"self":[{"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/posts\/3233"}],"collection":[{"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/comments?post=3233"}],"version-history":[{"count":3,"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/posts\/3233\/revisions"}],"predecessor-version":[{"id":3236,"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/posts\/3233\/revisions\/3236"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/media\/429"}],"wp:attachment":[{"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/media?parent=3233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/categories?post=3233"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/tags?post=3233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}