Talanx chair says 'not seen a crisis like this since World War II' as COVID-19 hits earnings

07-05-2020

The parent company of Hannover Re and HDI, Talanx Group, suffered large losses in primary insurance and reinsurance segments and investment earnings due to the COVID-19 crisis, but managed to generate a profit in the first quarter of the year. Chairman Torsten Leue said that "we haven’t seen a crisis like this since the Second World War".


Talanx, Q1, 2020 results, Coronavirus, Insurance, Reinsurance, Torsten Leue, Europe

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