German financial services company Talanx AG (TLLXY), Tuesday announced preliminary consolidated net income of 604 million euros for the first quarter of 2025, exceeding the analysts' estimate of 467 million euros.
Talanx added that the strong performance was primarily driven by the company's primary insurance activities.
The company noted that its consolidated net income stood at 576 million euros in the previous year.
Moreover, the insurer confirmed that it expects to generate a consolidated net income of over 2.1 billion euros for the current financial year 2025.
The firm assumes that "large losses will not exceed the large loss budget" as there is no turbulence on the capital markets and no significant currency fluctuations.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.