Talanx profit hit hard by COVID-19 pandemic in 'difficult' H1 and Q2 2020

12-08-2020

Talanx profit hit hard by COVID-19 pandemic in 'difficult' H1 and Q2 2020

Talanx owns industrial lines insurer HDI; Source: Talanx

German re/insurer Talanx Group, the parent company of Hannover Re and HDI, said the impact of COVID-19 claims and lockdown in Europe surpassed its loss budget in the "difficult" first half of 2020. However, the company saw positive developments in industrial lines, reinsurance and retail Germany division.


Talanx, 2020 Results, Claims, Coronavirus, GWP, Insurance, Reinsurance, Europe

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