India, Aug. 14 -- Shares of Talanx AG were gaining around 5 percent in the morning trading in Germany after the insurance and financial services firm on Friday lifted its fiscal 2026 profit view after reporting higher first-half profit, with slight growth in insurance revenue.
Torsten Leue, Chairman of Talanx's Board, stated, "Our strong operations, continued high level of resilience and large loss payments that were nearly half a billion euros below budget make us extremely upbeat for the rest of the year: we now expect to exceed our full-year forecast.... This would represent a double-digit increase in our net income for the year, which would again outpace income growth."
Looking ahead for fiscal 2026, the company now expects to signifi...