HDI Global Sees Growth with Successful 1st Year and New Business

Reporting positive results for the first half of 2025, Corporate & Specialty insurer HDI Global SE has increased both revenue and net income. The main driver behind these strong results, to which all lines contributed, was growth in new business.

HDI Global’s Dubai office surpassed expectations in several segments and hired key talents to support its unabated growth ambitions in the MENA region. The office thus contributed to the positive overall result of the Germany based multi-national insurer belonging to the Talanx Group.

“In the first half of 2025, HDI Global's DIFC operation successfully completed its inaugural year, surpassing expectations in the Property and Engineering segments due to solid support from all stakeholders and a strong performing team”, says Willem van Wyk, Managing Director, HDI Global Dubai. “As a financially robust and reliable Partner in Transformation for our clients and broker partners, HDI Global leverages a strategic expansion in the UAE, guided by the addition of key talents within Risk Engineering and Liability. Our diversified strategy, supported by favourable market conditions, positions us to continue building a resilient global enterprise while emphasising individualised risk management. The Middle East, crucial to our international growth, reflects our commitment to serving an evolving clientele with bespoke solutions.”

On a worldwide scale, HDI Global generated clear growth in revenue and net income in the first half of 2025. Adjusted for currency effects, insurance revenue rose 8% to EUR 5.1 (6m 2024: 4.8) billion (7% in nominal terms). The insurance service result remained stable at EUR 430 (429) million. Large loss payments came in at EUR 142 (128) and were well below the pro rata budget of EUR 253 million.

The combined ratio at 91.6 (91.1) % remained within the expectation of less than 92 % for the full year. The net insurance, financial and investment result before currency effects rose to EUR 99 (68) million due to higher investment volumes and an increase in current interest income. EBIT was lifted by 24 per cent to EUR 377 million (EUR 305 million). RoE rose to 17.4 (15.7) %, while HDI Global’s contribution to Talanx Group net income rose 23% to EUR 274 (223) million.

Given HDI Global’s robust worldwide results, van Wyk remains optimistic for the latter half of 2025.

“As we look forward, the dynamic landscape of the Middle East offers exciting prospects for HDI Global and for our clients. Our continued engagement with sustainable projects aids the region's energy transition, showcasing our ability to adapt and innovate alongside our clients. Dubai, with its strategic location and young, diverse population, is poised to attract top-tier talent, fostering new developments and ambitious economic plans. These elements of change and opportunity embody our dedication to long-term cooperation through deep dialogue and strategic collaboration, ensuring continued success.”