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German insurer Talanx AG has a new growth plan aimed at increasing its net income by more than 25% to approximately €1.6 billion ($1.7 billion) by the end of 2025, Xprimm reported. Talanx is aiming for its return on equity to remain above 10% permanently and is basing its strategic growth plans on its underwriting excellence, ongoing organic and non-organic growth, focus on profitable businesses, and a decentralized corporate culture.
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