Talanx Q1 profit slumps 9.3% on EUR313mn Covid-19 claims

Anna Sagar

07 May 2020

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Hannover Re parent Talanx reported a 9.3 percent drop in first-quarter operating profit to EU559mn ($604mn), as Covid-19 claims pushed the group over its large-loss budget and dented investment income.

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Talanx Q1 profit slumps 9.3% on EUR313mn Covid-19 claims

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Talanx Q1 profit slumps 9.3% on EUR313mn Covid-19 claims

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Fuel a smarter strategy with our actionable market intelligence

Topics

Willis looks again to Marsh for aviation buildout with UK MD Standing

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Axis head of construction global markets Woolley to join Markel

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