Talanx chair says 'not seen a crisis like this since World War II'

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".

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

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