Nine-month profit at Talanx up 83%
Germany-based insurance holding company Talanx has reported an operating profit of €1.31bn ($1.67bn) for the first nine months of 2012, up 83% year on year. Net profit attributable to Talanx AG shareholders rose 68% to €549m. Gross written premiums were up 11% for the nine months to €19.85bn, boosted by the acquisition of Polish insurer Warta at the end of June. In primary non-life business the combined ratio dropped 0.2pp to 98.0%, but in non-life
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