The company’s combined ratio for the half-year stood at 91.6%, with insurance revenue totalling €5.1 billion. Operating profit (EBIT) increased to €377 million, and return on equity (RoE) rose to 17.4%. HDI Global’s large loss payments were €142 million, remaining below the pro rata budget of €253 million.
The global results were attributed to contributions from the company’s regional branches.
HDI’s Canadian branch has “proved itself a robust and reliable partner,” said managing director Klaus Navarrete. The branch strengthened liability offerings and risk management solutions by hiring key talent, including Mamoon Ali in cyber. Despite supply chain disruptions and wildfires, financial results remain strong.
The company plans further growth in Canada, consolidating its Toronto offices and adding leaders in environmental liability, construction, engineering, and marine. It also aims to expand into British Columbia while enhancing wildfire risk mitigation and online reporting services.
The Singapore branch has “demonstrated robust resilience and adaptability,” strengthening its renewable energy and construction portfolios. Its property book also remains solid despite pressures such as the Thai earthquake. Managing director Alex Tarantino said HDI’s expanding international programmes highlight its “global presence and capability”.
Looking ahead, he said the focus will remain on “profitable growth, strategic technology investments, and embedding core values” to navigate markets in Malaysia, Thailand, and Indonesia.
HDI’s Australia & NZ branch has focused on service and profitable growth, “surpassing expectations and showing exceptional resilience,” said managing director Stefan Feldmann, who also heads HDI Global Asia-Pacific. The branch launched a primary cyber product and maintained strong retention across lines.
Feldmann said the Australian team is a “significant contributor to the group’s strong underwriting results”. For the second half of 2025, he expects further growth in mid-market segments, alongside plans to strengthen the motor portfolio and expand international programmes and financial lines.
The UK & Ireland branch reported a strong first half, with senior appointments and new structures to drive long-term growth. CEO Stephanie Ogden said the company is “investing in our people and bringing in top-tier talent”.
She noted “strong growth across key segments, notably property and accident & health”. The launch of HDI Global UK Limited marked a pivotal step in strengthening core lines and reinforcing its commitment to the UK market, it stated.
In the US, HDI Global Insurance Company (HGIC) has continued its “path of growth and innovation”. A key milestone in the first half was the launch of its environmental liability product for brokers and clients. CEO Jim Clark said the company is also “leveraging AI” to deliver more efficient, tailored service.
Despite unexpected losses in power and energy, Clark noted the portfolio remained resilient. Looking ahead, the US branch is “poised to seize a multitude of opportunities” with initiatives in surety, inland marine, and a new US energy hub.
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