Sunday, 4 June 2017

Talanx annual report 2016

Front page of the annual 2016 report from Talanx

The report in full you can find here, to read my previous annual summary then click on Talanx annual report 2015 and to find out more regarding Talanx then go to analysis of Talanx 2015.

In the financial summary below we can see that it was a bit of a middle year in terms of revenue because the written gross premiums decreased compared to in 2015. However and this is a good news the earnings increased to 907 M € from 734 M € last year. It is interesting to see that the combined ratio has decreased to 95.7% and margins from primary insurances have also increased.

Financial statement of Talanx 2016

Conclusion: Talanx is doing pretty well and they keep gathering money in a little heap. The benefit when an insurance company does that is that they very often have skilled people that are good a weighing risks versus profits when they invest that money which many other companies does not naturally have in their organisation. I will remain as a shareholder.

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