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

Talanx share price

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.

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