Industrial lines trouble Talanx in H1
Talanx CEO Torsten Leue; Source: Talanx
German re/insurer Talanx Group, the parent company of Hannover Re and HDI, recorded large losses in industrial lines in the financial year 2018, driven by the industrial fire line. The firm is looking to counteract this negative impact and reduce its combined ratio.
Talanx, Hannover Re, HDI, 2018 results, Europe