HDI Global’s insurance revenue rises 6% in 9M 2025
Yahoo Finance·2025-11-18 11:41

Core Insights - HDI Global, part of the Talanx Group, reported a 6% increase in insurance revenue for the first nine months of 2025, reaching €7.6 billion compared to €7.3 billion in the same period last year [1] - The company's net income contribution to Talanx Group rose by 13% to €409 million from €362 million year-on-year [1] - The insurance service result decreased to €638 million from €692 million in the same period last year [2] Financial Performance - Large loss payments amounted to €314 million, which was below the pro rata budget of €424 million [2] - Net insurance financial and investment results before currency impacts increased to €147 million, driven by higher investment volumes and current interest income [2] - Earnings before interest and tax increased by 15% to €551 million from €479 million year-on-year [2] Return on Equity - Return on equity improved to 16.9%, up from 16.4% a year earlier [3] Management Commentary - CEO Edgar Puls highlighted the positive results driven by new business and emphasized the importance of client relationships and tailored solutions [3][4] - The company remains vigilant regarding systemic risks, including climate-related issues, while maintaining disciplined underwriting practices [4] Half-Year Performance - For the first half of 2025, HDI Global's insurance revenue was €5.1 billion, an 8% increase from €4.8 billion in the same period of 2024 when adjusted for currency fluctuations [4]

HDI Global’s insurance revenue rises 6% in 9M 2025 - Reportify