Talanx rises after outlook hike

Talanx AG

13/11/2025 07:57

** Shares of TalanxTLXGn.DE rise 5.4% in early Frankfurt trade, after the German insurance company raised its FY outlook

** Talanx now sees 2025 net income of more than EUR 2.4 bln ($2.80 bln), following a rise in 9-month net income, combined ratio and operating profit

** Talanx also adds a proposal on a dividend increase likely to be announced by March 18

** "Talanx’s higher earnings targets also mean that the group will have more financial flexibility to consider deals going forward," Berenberg says

** The broker also points to an attractive valuation below peers such as Allianz ALVG.DE

** Talanx shares seen among the top gainers of the German mid-cap index .MDAXI

** Talanx shares have risen about 34.3% YTD

($1 = 0.8575 euros)

(Reporting by Simon Ferdinand Eibach)

((Simonferdinand.eibach@thomsonreuters.com))