Talanx reports record FY operating profit

Fourth quarter operating profit grew 50.7 percent at Talanx Group
to EUR675mn ($760mn), helping the carrier report a record full-year
2015 operating profit of EUR2.2bn.
Net earned premium stayed flat in the quarter at EUR6.7bn,
although the combined ratio improved by 5.2 percentage points to
93.3 percent.
The group includes both primary insurance and reinsurance,
through its stake in Hannover Re, which earlier this month reported
a EUR1.15bn profit for last year.
Talanx's Q4 net investment incom