European insurance group Talanx has outlined its financial results for the first half of 2022, a day after announcing the renewal of chief executive Torsten Leue’s contract.
For the six months ended June 30, Talanx saw a 2.6% increase in group net income attributable to shareholders to €560 million. Operating profit, meanwhile, grew 1.9% to €1.4 billion. Other metrics included €1.9 billion in net investment income, which was a slide from last year’s €2.4 billion.
As for gross written premium (GWP), the insurer enjoyed a 17.7% lift to €28.3 billion. Broken down by type and class of insurance, here are Talanx’s GWP figures:
