Germany-based corporate and specialty insurer HDI Global posted a combined ratio of 90.7% for the first half of 2026, an improvement of 0.9 percentage points from 91.6% in the same period a year earlier.
The insurer’s contribution to parent company Talanx Group’s net income rose 7% year over year to €292 million ($338.3 million) for the six-month period. Operating profit increased to €381 million from €377 million in H1 2025, while insurance revenue remained flat at €5 billion, reflecting currency effects and disciplined underwriting.
Insurance service result grew 8% to €465 million. Large loss payments totaled €92 million, down from €142 million in the prior-year period and €209 million below the pro rata budget for the period, which was fully recognized.
Natural catastrophe losses remained below budget in the first half, though significant man-made losses persisted across all industries.
