Talanx Q3 industrial lines profit jumps fivefold to EUR54mn
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Talanx Q3 industrial lines profit jumps fivefold to EUR54mn

Samuel Casey
15 November 2021
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Profits in the industrial lines unit of Talanx increased by 440% in the third quarter to EUR54mn following heavy Covid-19 losses in the prior-year period.

The industrial lines unit, which includes HDI Global Specialty, is running ahead of its large-loss budget, with EUR340mn of claims so far this year, exceeding the budget of EUR331mn for the year.

The

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Samuel Casey
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