Large losses Q1 2021

Talanx has budgeted a large loss budget for the full year 2021 of EUR 410 million for Primary Insurance and EUR 1.100 million for Reinsurance.

Figures in EUR million (net)
Primary insurance
Reinsurance
Talanx Group
Wintersturm Texas, USA (Feb.)
51.1
75.4
126.6
Flut, Australien (Mär.)
0.2
19.5
19.7
Sturm Filomena, Spanien (Jan.)
0.1
10.1
10.2
Total NatCat
51.5
105.0
156.5
Fire/Property
26.1
74.6
101.6
Credit
0.0
-
0.0
Marine
0.0
-
0.0
Aviation
0.0
0.0
0.0
Casualty
15.0
-
15.0
Cyber
0.0
0.0
0.0
Total other large losses
41.1
88.2
130.1
Corona losses
0.0
0.0
0.0
Total large losses
92.5
193.2
286.6

Definition "large loss": in excess of EUR 10 million gross in either Primary Insurance or Reinsurance.

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