HDI Global, a commercial and specialty lines insurer, has announced continued growth in both revenue and net income for its 9-month results, totalling EUR 7.6 billion and EUR 409 million respectively.
These figures compare to the EUR 7.3 billion reported in insurance revenue, and EUR 362 million in net income reported for 9M 2024.
The insurance service result totalled EUR 638 million. Large loss payments came in at EUR 314 and were well below the pro rata budget of EUR 424 million.
Dr Edgar Puls, CEO HDI Global SE, said: “HDI Global delivered positive 9-month results, with momentum driven above all by new business. That is particularly satisfying because it shows that clients and brokers value how we work: close to their needs, with technical depth, fast service and solutions that stand the test of time.
“We successfully combine our financial strength with expertise across risk management, international programmes, captive solutions and claims services – delivering bespoke solutions rather than standardised responses.”
HDI also reported a 9M 2025 combined ratio of 91.6%, slightly up from the 90.5% seen in 9M 2024. It benefited from fewer frequency losses and thus remains within expectation of less than 92% for the full year.
The net insurance financial and investment result before currency effects rose to EUR 147 million, from EUR 65 million in the same period the year prior, due to higher investment volumes and an increase in current interest income.
EBIT was lifted by 15% to EUR 551 million. Return on equity increased to 16.9%. HDI Global’s contribution to Talanx Group net income rose 13% to EUR 409 million.
Puls added: “We proceed with confidence – and with prudence. The year to date has been comparatively calm in terms of large losses for us, but we remain vigilant as climate-related and other systemic risks are generally on the rise.
“Our disciplined underwriting and prevention advisory are the bedrock of being a reliable Partner in Transformation for years to come. My sincere thanks go to our clients and broker partners for their trust, and to our more than 5,000 HDI Global colleagues worldwide. Their curiosity, professionalism, and client-centric mindset turn strong performance into lasting value.”
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