Based on consolidated, unaudited figures, the Talanx Group informed it slightly exceeded its FY 2022 target for Group net income with a rise of 16%, to EUR 1.17 billion. Its forecast was for a figure in the EUR 1.05-1.15 billion range.

Gross written premium income rose by a double-digit 17.0% to EUR 53.4 billion.

At 12.9%, the return on equity was well above the minimum target of 8.4%.

For financial year 2023, the Group is anticipating Group net income of approximately EUR 1.4 billion.

The Board of Management intends to lift the dividend for financial year 2022 by 25% to EUR 2.00 (1.60) per share, so as to enable shareholders to also benefit from the Talanx Group's success.

Subject to approval by the Supervisory Board and the General Meeting, the Talanx Group is thus setting the starting point for the new strategy cycle for the period up to 2025, which was announced in December 2022. This provides for a 25% rise in Group net income in the period up to 2025 to total EUR 1.6 billion, a 25% dividend increase for 2022 to EUR 2.00 and a further 25% increase to EUR 2.50 by 2025. The return on equity is envisaged to exceed 10% across the Group by 2025.

The Talanx Group will publish its final key financial figures and full consolidated financial statements on 15 March 2023.