Large losses 6M 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
Winterstorm Texas, USA (Feb.)
49.0
136.4
185.4
Winterstorm Volker, Central Europe (June)
18.9
10.0
34.0
Flood, Australien (Mar.)
1.5
14.4
15.8
Storm Filomena, Spain (Jan.)
0.2
11.2
15.4
Total NatCat
73.7
182.6
261.4
Fire/Property
97.1
95.8
194.3
Credit
0.0
20.7
20.7
Marine
0.0
13.3
13.3
Aviation
1.2
13.5
14.7
Casualty
21.1
-
21.1
Cyber
0.0
-
0.0
Total other large losses
119.4
143.3
264.1
Corona losses
0.0
0.0
0.0
Total large losses
193.2
325.9
525.6

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

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