Talanx is growing significantly at the start of the year

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Hanover (dpa) - The insurance group Talanx has become a bit more optimistic after a good start to the year.

In view of the good first quarter, the group result is now expected to be at the upper end of the range between 800 million and 900 million euros, said the insurer listed in the SDax on Thursday in Hanover.

In the first three months, the surplus increased by around a quarter to 277 million euros, a little more than expected by experts.

The reasons for the increase in profit were rising premium income, lower claims and a higher investment result.

Last year, the Hannover Re mother's profit fell by 27 percent to 673 million euros due to the economic consequences of the Corona crisis.

© dpa-infocom, dpa: 210506-99-488296 / 2

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