Talanx/€TLX

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About Talanx

Talanx AG is a major German insurance company that provides a broad range of insurance and financial services globally. Founded in 1996 and headquartered in Hannover, Germany, the company operates through different brands across its segments which include life insurance, property and casualty insurance, as well as reinsurance. Talanx operates in more than 150 countries, catering to retail, industrial, and corporate clients, making it one of the largest European insurance groups by premium income.

Ticker

€TLX
Sector

Primary listing

XETRA

Employees

29,288

Talanx Metrics

BasicAdvanced
€27B
12.15
€8.75
0.66
€2.70
2.54%

What the Analysts think about Talanx

Analyst ratings (Buy, Hold, Sell) for Talanx stock.

Bulls say / Bears say

Record H1 profitability: Talanx posted a record net income of €1,373 million for H1 2025, up 26% year-on-year, and raised its full-year target to about €2.3 billion (Talanx Press Release).
Strong start to 2025: Preliminary Q1 2025 consolidated net income reached €604 million, well above the €467 million analyst consensus, highlighting robust primary insurance performance and supporting maintenance of full-year guidance (Talanx Press Release).
Improved underwriting efficiency: The Group’s combined ratio improved to 90.7% in H1 2025 from 91.2% the previous year, reflecting stronger loss controls and pricing discipline across both the primary insurance and reinsurance segments (Talanx Press Release).
High natural catastrophe exposure: In Q1 2025, Talanx experienced its largest-ever first-quarter losses, with €624 million stemming from California wildfires. This highlights the company's exposure to volatility, particularly as the North Atlantic hurricane season approaches (Talanx Press Release).
Investment portfolio contraction: Talanx's investments for own risk dropped from €144.3 billion at 31 December 2024 to €140.3 billion at 30 June 2025, pointing to possible mark-to-market losses in a rising interest-rate environment (Talanx Press Release).
Guidance dependent on benign market conditions: The 2025 full-year outlook is based on no major large loss overruns, currency swings, or capital market disruptions. This makes the guidance vulnerable to downside risk should geopolitical or macroeconomic shocks occur (Talanx Press Release).
Data summarised monthly by Lightyear AI. Last updated on 6 Nov 2025.

Talanx Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Talanx Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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