Talanx AG (WBO:TLX)

€ 80.45 0.6 (0.75%) Market Cap: 20.84 Bil Enterprise Value: 25.36 Bil PE Ratio: 11.25 PB Ratio: 1.88 GF Score: 67/100

Q3 2022 Talanx AG Earnings Call Transcript

Nov 14, 2022 / 08:00AM GMT

Release Date Price: €38.72 (-0.62%)

Transcript

Bernd Sablowsky

Talanx AG - Head of IR and Mergers & Acquisitions

Good morning from Hannover to everyone. This is Talanx (inaudible) for the first 9 nine months and the third quarter of 2022. I'm here together with my CFO, Jan Wicke, who will take you through the results presentation. As Stuart already said, we will do a Q&A after the presentation. And as usual, you'll find all the documents, including the financial data supplement on our IR section at the webcast.

And now I'm happy to hand over to Jan. Jan, the floor is yours.

Jan Martin Wicke

Talanx AG - CFO & Member of the Management Board

Thank you, Bernd, and good morning also from my side, and thank you for attending this early time our earnings call.

Before I go into the details, here's a quick summary of what we think are the key messages from our results after 9 months. First of all, we had strong growth Second, profit is growing too. And in particular, the profit contribution for Industrial Lines in the primary insurance is growing. And finally, despite the heavy

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