HDI Global SE Australia has added Craig Milner (pictured) to its Melbourne-based liability team, naming him senior underwriter for the Southern Region.
In the role, Milner will focus on supporting the insurer’s liability portfolio, particularly in the corporate and mid-market segments.
He has nearly three decades of industry experience, most recently serving as liability underwriting manager for the Southern Region at another international insurer, where he was responsible for its liability operations.
Victoria liability manager Zubin Mathew said Milner’s technical expertise and established network in the general liability market were expected to help expand HDI’s business in the region.
“Craig brings with him extensive experience and technical capability within the general liability market. With his strong market connections, I have no doubt he will play a crucial role in supporting our corporate and mid-market strategy by continuing to drive growth and development. I wish Craig all the best in his new role,” he said.
Australasia liability underwriting manager Andrew Cochrane said that Milner’s experience in underwriting and stakeholder engagement was expected to benefit the insurer’s broker and client relationships.
“We are thrilled to have Craig join HDI as he steps into his new role, bringing a wealth of experience, and will undoubtedly serve our brokers and clients with underwriting excellence. Craig has built a reputation for strategic insight, strong relationships, and a deep understanding of the insurance landscape. We are delighted to have him on the team,” he said.
The appointment follows the release of HDI Global SE’s first-quarter 2025 (Q1 2025) results, which showed growth in insurance revenue and profitability compared with the same period last year.
The company attributed the gains to new business activity and premium adjustments in response to inflation.
Revenue from insurance operations reached €2.6 billion for the quarter, up from €2.3 billion a year earlier.
Operating profit rose to €195 million from €140 million, while net income increased to €141 million from €104 million.
The combined ratio stood at 91.1%, a slight improvement on the 91.8% recorded in the first quarter of 2024.
The insurer reported that several large losses occurred during the quarter but said overall results met internal expectations.
