Talanx’s P&C reinsurance operating profit increased to EUR1.17bn ($1.29bn) in H1 2024, up 39.5% from the prior-year period.
Underwriting: The unit’s combined ratio improved by 3.9
Talanx P&C re H1 profit up 40% as prices and CoR improve
The carrier’s single largest P&C loss was German flooding at EUR120mn.