Talanx efficiency throughout divisions
Within the reinsurance division, insurance coverage income elevated 5% to €7.0 billion. Nevertheless, the insurance coverage service consequence declined to €515 million from €720 million, pushed by the California wildfires. The funding consequence earlier than foreign money results in reinsurance noticed a modest enhance to €252 million. Working revenue for the division was €702 million, down from €813 million, and the contribution to group web earnings fell to €240 million from €305 million.