The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

TLX.DE

Concerning the House

Talanx AG provides insurance and reinsurance products and services worldwide. The company offers life, casualty, third-party liability, space insurance, legal protection, fire, burglary and theft, tap water, plate glass, storm damage, comprehensive householders, comprehensive homeowners, hail, livestock, engineering, omnium, marine, business interruption, travel assistance, aviation and space liability, credit and surety, extended coverage, fire and fire business interruption insurance products, other property, and other non-life products. It also provides bancassurance activities; motor, life and property, fire, casualty, health, personal accident, and specialty insurance products, unit-linked life, annuity, term life, occupation disability; aviation and agricultural business; coverage for cyber and digital risks; parametric solutions; and structured reinsurance, as well as facultative and nat cat business; and asset management businesses. In addition, the company offers insurance cover, as well as customized products; and financial services. It has operations in Germany, the United Kingdom, Türkiye, Central and Eastern Europe, Rest of Europe, the United States, Rest of North America, Latin America, Asia, Australia, and Africa. The company was founded in 1903 and is based in Hanover, Germany. Talanx AG is a subsidiary of HDI Haftpflichtverband der Deutschen Industrie V.a.G.

Germany · www.talanx.com

The Ledger
LineMar 2025Jun 2025Sep 2025Dec 2025
Revenue$11.96B$225.00M$26.11B$10.14B
Net income$604.00M$769.00M$591.00M$516.00M
Diluted EPS2.34
Quotation

$114.20

+0.20 (+0.2%)

52w hi$118.89
52w lo$97.95
Vol139.62K
As ofAug 13
The Verdict

Hold

Our score +0.29

Short-0.18
Medium+0.35
Long+1.10

computed 2026-08-13

By the Numbers

Talanx AG

Financial Services · Insurance - Diversified

Market cap$29.57B
Enterprise value
Trailing P/E11.16x
Forward P/E10.02x
EV / EBITDA
P / S (ttm)0.65x
Profit margin5.8%
Return on equity20.1%
Revenue growth-3.5%
Earnings growth+28.2%
Debt / equity
Risk Metrics
Beta vs SPX0.19
Corr SPX0.12
Annual vol25.2%
Annual ret+28.0%
Sharpe1.11
Max DD-21.1%

Window: 504 trading days (489 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.64
Sector+0.09
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$114.60$115.60$114.10139.62K
Aug 12$114.00$114.70$113.30$114.20114.69K
Aug 11$115.90$116.10$113.90$114.00177.56K
Aug 10$116.30$116.60$115.40$115.90112.33K
Aug 7$115.90$117.70$115.20$116.50133.80K