Talanx AG Germany News

Chairman Says Vietnam Insurer PVI Holdings 1st Half Profit to Beat Forecast

PVI Holdings, Vietnam’s second- largest listed insurer, forecast first-half earnings will beat its target by 19 percent, buoyed by an increase in non-life- insurance revenue. After-tax profit for the first six months may be 95.5 billion dong ($4.5 million), while …

Talanx Q4 Profit Triples after Gains at Industrial Insurance Unit

Talanx AG, Germany’s third-biggest insurer, said fourth-quarter profit tripled after higher earnings at its industrial insurance business and lower tax at its reinsurance unit. Net income rose to €227 million ($313 million) from €76 million [$105 million] a year earlier, …

Talanx Raises 2013 Profit Forecast After Swiss Life Stake Sale

Talanx AG, the German insurer that sold stock in an initial public offering last year, raised its profit goal for 2013 after the sale of shares in Swiss Life Holding AG boosted earnings. Talanx is “cautiously optimistic” that net income …