Dubai, 25 March 2026
- HDI Global Dubai builds strong foundations in its first full year, meeting financial targets and establishing a solid reputation
- The team more than doubled in size, strengthening capacity and regional presence
- New local lines of business broaden regional capabilities and support the
Corporate & Specialty insurer HDI Global (HDI) reported strong financial results for 2025, delivering profitable growth across both revenue and earnings. This performance was driven by robust new business generation, disciplined underwriting practices, and strategic price adjustments in response to inflation.
In its first full year of operations, HDI Global Dubai recorded accelerated growth, expanding its portfolio and strengthening its team—further reinforcing the company’s expanding presence across the MENA region. The Dubai branch played a meaningful role in supporting the Group’s overall performance, contributing to the positive results of the Germany-based multinational insurer and member of the Talanx Group.
“2025 was our first full year of operation in Dubai, and it was very much a year of building strong foundations. We met our financial targets and established a solid reputation in a highly competitive market. HDI Global Dubai more than doubled the team in size and successfully launched Liability and Power as new local lines of business, significantly broadening our regional capabilities. Being in the final stages of adding Cyber further strengthens our portfolio in response to growing demand for specialised solutions. What made this progress possible was the exceptional commitment to the whole region by our Home Office and our colleagues in Singapore and Australia. This collective HDI effort enabled us to maintain momentum and position ourselves as a credible, long-term partner in the Middle East,” says Willem van Wyk, Managing Director HDI Global Dubai.
On a worldwide scale, HDI Global increased insurance revenue in the 2025 financial year by 5 percent after adjustment for currency effects (growth in EUR: 2 percent) to EUR 10.3 (10.0) billion. The growth resulted in particular from new business as well as inflation-related price adjustments in existing business. Large loss payments rose slightly to EUR 426 (402) million, but fell significantly short of the budgeted figure by EUR 125 million. The insurance service result remained stable at EUR 997 (1,004) million.
The combined ratio benefited from low frequency losses and, at 90.3 (90.0) percent, was within the expectation of less than 92 percent for the full year. The net insurance financial and investment result before currency effects rose due to a higher investment volume to EUR 102 (83) million. EBIT was lifted by 4 percent to EUR 732 (702) million, HDI Global’s contribution to Talanx Group net income grew by 10 percent to EUR 551 (501) million.
“As we move into 2026, the opportunities ahead are significant. The momentum in the Middle East, particularly in energy and power, provides a strong platform to accelerate growth, deepen broker and client relationships and further strengthen our market presence. Our ambition is clear: to become one of the top five players in the Dubai market within five years – not just through scale, but through technical excellence, disciplined underwriting, and responsiveness. Our new strategy Xcelerate29 gives us a clear roadmap to achieve this, reinforcing cycle management, operational excellence, and sustainable growth. As we expand, our focus remains on building a high quality portfolio and positioning HDI Global as a trusted Partner in Transformation for the region,” says van Wyk.
