Talanx raises 2016 targets, to pay higher dividend

March 21, 2016 6:36 AM

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FRANKFURT, March 21 German insurer Talanx raised its 2016 net profit aim to around 750 million euros ($844 million) after beating its own 2015 targets and lifting its dividend to 1.30 euros a shares.

The country's third-biggest insurer said on Monday that its fourth-quarter net income rose 3 percent to 246 million euros, despite flat premiums and an 18 percent drop in income from investments.

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