Interim report
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QUARTERLY STATEMENT ■ Talanx generates Group net income of EUR 723 million and is on track to meet its annual target in full ■ talanx . Insurance . Investments . Gross written premiums up 10.2 percent to EUR 35.2 ( 33.0 ) billion Impact of coronavirus pandemic now only to be seen in the Life / Health Reinsurance segment Gross claims from flood event in western Europe exceed EUR 1 billion Operating profit of EUR 1.8 ( 1.3 ) billion Group net income of EUR 723 ( 520 ) million almost at pre pandemic 2019 level Combined ratio of 97.6 ( 100.7 ) percent Full - year forecast for 2021 : Group net income at upper end of the EUR 900-950 million range Hannover , 15 November 2021 Full - year forecast for 2022 substantially higher : Group net income of EUR 1,050-1,150 million expected After the first nine months of the year , the Talanx Group is on track to hit its annual target for Group net income of EUR 900-950 million . The insurance group , which rejoined Germany's MDAX mid - cap equity index at the end of October , generated Group net income of EUR 723 ( 520 ) million as at 30 September , despite higher large losses from natural disasters . The once - in - a - century floods seen in western Europe led in their own right to gross losses of more than EUR 1 billion . Despite this , the Group's net income was almost at the level of 2019 ( EUR 742 million ) , the year before the coronavirus pandemic . The pandemic impact declined gradually over the first nine months with the exception of the Life / Health Reinsurance segment . The negative effects of the coronavirus crisis on Group net income amounted to EUR 9 million in the third quarter , while the aggregate impact for the first nine months was EUR 81 million . Gross written premiums rose by double digits ( 10.2 percent ) to EUR 35.2 ( 31.9 ) billion ; after adjustment for exchange rate effects , the figure was 12.3 percent . All segments contributed to this performance . The combined ratio was 97.6 ( 100.7 ) percent . Looking forward to financial year 2022 , the Talanx Group is anticipating Talanx AG Group Communications Tel . +49 511 3747-2022 E - mail : gc@talanx.com Investor Relations Tel . +49 511 3747-2227 E - mail : ir@talanx.com HDI - Platz 1 30659 Hannover Germany