Corporate & Specialty insurer HDI Global SE has reported positive growth figures for the first half of 2025, with increase in 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 Singapore branch focuses on growth and resilience, with innovative solutions catering to individual clients’ needs. The branch contributed to the positive overall result of the Germany based multi-national insurer belonging to the Talanx Group.
HDI Global Singapore managing director and principal officer Alex Tarantino said that in the first half of 2025, HDI Global Singapore has demonstrated robust resilience and adaptability, and strengthened its renewable energy and construction portfolios, and aligned perfectly with the region's accelerating infrastructure and energy transition. “Our property book remains strong, amidst external pressures like the Thai earthquake,” he said.
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 EUR5.1bn. The insurance service result remained stable at EUR430m. Large loss payments came in at EUR142m and were well below the pro rata budget of EUR253m. The combined ratio at 91.6% remained within expectation of less than 92% for the full year. The net insurance financial and investment result before currency effects rose to EUR99m due to higher investment volumes and an increase in current interest income. EBIT was clearly lifted by 24% to EUR377m. RoE rose to 17.4%, while HDI Global’s contribution to Talanx Group net income rose 23% to EUR274m.