Talanx AG (OTCPK:TNXXF)

$ 84.762 0 (0%) Market Cap: 21.97 Bil Enterprise Value: 26.74 Bil PE Ratio: 11.04 PB Ratio: 1.85 GF Score: 65/100

Q1 2023 Talanx AG Earnings Call Transcript

May 15, 2023 / 07:00AM GMT

Release Date Price: $34.77

Transcript

Bernd Sablowsky

Talanx AG - Head of IR and Mergers & Acquisitions

Good morning to everyone from Hanover. This is Talanx AG results for the first quarter '23. I'm together here with Jan Wicke, our CFO, who will guide you through the numbers and take your questions. As you are all aware, this is the first time we are reporting under the new accounting standard IFRS 17. So quite a lot to learn and get used to for all of us, but we assure we manage it together. After this presentation, as usual, we will have the Q&A session. And if you are also aware, everything will be posted on our website after the call. So having said that, I hand over to Jan. Jan, the floor is yours.

Jan Martin Wicke

Talanx AG - CFO & Member of the Management Board

Thank you, Bernd, and thank you to all of you for having me and listening to the Q1 results of Talanx. First of all, I have to say we like the performance of our business in the first quarter very much. We had some tailwinds, which you can see on Page #2. So first of all, we have -- all segments were able to deliver a

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