Talanx reports Q1 CR of 99.8% on Eur313mn Covid-19 hit

Published: Thu 7 May 2020

Talanx – the majority shareholder in reinsurer Hannover Re and primary insurer HDI – reported a 9.3 percent drop in first quarter operating profit to Eur599mn ($616mn) that included the impact of a Eur313mn large loss hit from Covid-19.