Overview
HDI Global, the Germany‑based corporate and specialty insurer, announced a combined ratio of 90.7% for the first half of 2026, representing an improvement of 0.9 percentage points over the 91.6% recorded in the same period of the prior year.
Financial Performance
The insurer’s contribution to its parent, Talanx Group, increased by 7% year‑on‑year, reaching €292 million (approximately $338.3 million) in the six‑month period. Operating profit rose modestly to €381 million from €377 million in the first half of 2025. Insurance revenue remained flat at €5 billion, a stability the company attributes to favorable currency effects and disciplined underwriting practices. The insurance service result grew 8% year over year to €465 million.
Underwriting and Losses
Large loss payments for the period totaled €92 million, down from €142 million a year earlier and €209 million below the pro‑rata budget, which was fully recognized. The insurer noted that natural catastrophe losses stayed beneath budget expectations, while significant man‑made losses continued to affect all industries.