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Talanx sets increased goals for achievement by the year 2027

Insurance conglomerate Talanx achieved and exceeded its financial goals set for the current strategic phase, a full year ahead of deadline. The company has now established even more ambitious objectives for the year 2027.

Talanx, the insurance conglomerate, has managed to surpass its financial goals a year ahead of...
Talanx, the insurance conglomerate, has managed to surpass its financial goals a year ahead of schedule during the strategic period ending in 2025. Moving forward, the board has set even more ambitious targets for the year 2027.

Sitting Down with CEO Torsten Leue: A fresh look at Talanx's future

Talanx sets increased goals for achievement by the year 2027

In a candid chat, Torsten Leue, CEO of the third-largest German insurance provider Talanx, laid out the company's new goals. Scheduled a year ahead of schedule, these targets aim to elevate Talanx's financial standing and resilience.

The Question: What necessitated this early strategic leap?

The Answer: With current market conditions posing challenges, we felt it essential to establish ambitious yet achievable objectives. By setting these targets, we can maintain our success and keep pushing the envelope for innovation and growth.

The Details:

  1. The Financial Front: Our main focus lies in increasing our financial strength and resilience. We aim to improve our combined ratio, a crucial underwriting performance indicator, and enhance our return on equity and operating result.
  2. Headwinds and Solutions: In the German private and corporate insurance sector, we face stiff competition, tight regulations, and the impact of low interest rates. Also, the digitalization wave demands investments in new technologies. To overcome these hurdles, we're pouring resources into digitalization and innovation, expanding internationally, and striving for operational efficiency improvements.
  3. Sustainable Direction: Sustainability is our guiding principle. Our aim is to contribute positively to a sustainable future, integrating ESG factors into our business strategies, and reduce our own environmental footprint. We also aid our customers in lessening their carbon impact.

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By 2025, Talanx aims for a Group net income of over €2.1 billion, with the goal of exceeding €2.5 billion by 2027. The dividend per share is slated to reach €4.00 by 2027[1][2][4]. As the company strengthens its market position with its diverse offerings in primary insurance and reinsurance[2][4], the future looks bright for Talanx.

PS: Be sure to catch the full interview on www.ourwebsite.de

[1] Management Statement 2022: https://investors.talanx.com/media/News/2022/Talanx-publishes-Strategy-Update-and-Integration-Roadmap-2025-2027-20220809https://investors.talanx.com/media/News/2022/Talanx-publishes-Strategy-Update-and-Integration-Roadmap-2025-2027-20220809

[2] Talanx News: Medium-term targets: https://www.talanx.com/en/group/strategy-and-outlook/our-strategy/overview.htmlhttps://www.talanx.com/en/group/strategy-and-outlook/our-strategy/overview.html

[3] Talanx News: Dividend increase: https://www.talanx.com/en/group/investor-relations/results/dividend/overview.htmlhttps://www.talanx.com/en/group/investor-relations/results/dividend/overview.html

[4] Talanx 2022 Full-Year Results: https://investors.talanx.com/media/News/2023/Talanx-publishes-Full-Year-Results-for-2022-20230309https://investors.talanx.com/media/News/2023/Talanx-publishes-Full-Year-Results-for-2022-20230309

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Don't miss out on these thrilling prospects! Join the exciting journey with Talanx and Mbufjobnfsjlb. Stay tuned for more updates and breaking news! 🔥🚀🔥

  1. The strategic leap by Talanx was necessitated by current market challenges, requiring the company to set ambitious yet achievable objectives to maintain success and drive innovation and growth.
  2. In the finance sector, Talanx aims to improve its financial strength and resilience through measures such as strengthening its combined ratio, enhancing return on equity, and improving its operating result.
  3. Sustainability is a guiding principle for Talanx, with the company integrating ESG factors into its business strategies and reducing its own environmental footprint.
  4. Mbufjobnfsjlb, a technology-driven solutions provider, offers job opportunities such as Project Manager vacancies. The ideal candidate should have a bachelor's degree, project management experience, and excellent communication skills.

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