Reinsurance News
HDI Global
HDI Global strengthens business in the Middle East with new Dubai office
29th July 2024
HDI Global, a commercial and specialty lines insurer, has announced the opening of its office in Dubai, after receiving regulatory licence from Dubai Financial Services Authority (DFSA), and the appointment of Willem van Wyk as the Managing Director. The insurer plans to commence its operations from the Dubai International Financial Centre ... Read the full article
Fusion Specialty and HDI Global Specialty SE expand partnership into the Americas
20th June 2024
Fusion Specialty, a provider of specialty insurance solutions, has announced the expansion of its global collaboration with HDI Global Specialty SE, a specialty insurer, which is now extending into the Americas. This partnership will offer increased capacity for representations and warranties (R&W), tax, and contingent insurance lines. David Rogers, Fusion’s Executive Chairman, ... Read the full article
HDI partnership with Hallmark strengthens its position in the U.S. market
23rd May 2024
HDI Global Insurance Company, the US subsidiary of international commercial insurer, HDI Global SE (HDI) has entered into a multi-year partnership with Hallmark Financial Services, Inc. Through this collaboration, the insurer aims to provide capacity and product development support for its General Aviation and Small to Medium Sized Commercial property and ... Read the full article
HDI Global aims for mid-market segment with dedicated services and strategy
15th April 2024
HDI Global, an industrial insurance provider known for its focus on large industrial clients, is now expanding its services to offer tailored solutions to mid-market clients. Through a focused strategy in underwriting, claims management, and product refinement, HDI Global now provides both domestic and international solutions to mid-market clients. It emphasises ... Read the full article
HDI Global’s insurance revenue climbs 10% to €9.1bn in 2023, CoR lands at 91.5%
26th March 2024
Industrial insurer HDI Global SE, part of the Talanx Group, has reported insurance revenue increased by 10% in 2023, reaching €9.1 billion, while its combined ratio improved to 91.5%. HDI Global noted that the growth in insurance revenue was primarily driven by the property and liability business, which resulted in an ... Read the full article
HDI Global SE bolsters Board of Management with two key hires
11th March 2024
HDI Global has announced that both Dr Barbara Klimaszewski-Blettner and Dr Dirk Höring will be joining the Board of Management of HDI Global SE, effective from April 1, 2024. The company has confirmed, that Klimaszewski-Blettner will be taking over responsibility for the business in Germany, as well as global Claims Management, ... Read the full article
HDI Global Specialty takes control of MGA Falcon Risk
10th January 2024
HDI Global Specialty, a wholly owned subsidiary of HDI Global and part of the Talanx Group, has acquired Griffin Highline Capital LLC's share in managing general agency (MGA) Falcon Risk Holdings LLC. Falcon Risk was established by Chief Executive Officer (CEO) Craig Landi, Griffin Highline, and HDI in 2021. HDI also ... Read the full article
Jamie Bowes becomes GM, Aviation at HDI Global Specialty’s Scandinavian branch
3rd January 2024
HDI Global Specialty, a specialty lines insurer, has named Jamie Bowes as the new General Manager for Aviation of its Scandinavian Branch. His role came into effect on January 1, 2024. Bowes previously served as Head of General Aviation, making him highly experienced within this space. In his new role, he will hold ... Read the full article
HDI Global reports stronger combined ratio of 92.7% for 9M’23
30th November 2023
Industrial insurer HDI Global, a part of the Talanx Group, has reported an improved year-over-year combined ratio of 92.7% from 95.4% for the first nine months of the year, as well as strong revenue and earnings growth. The company reported a 10% rise in insurance revenue to €6.6 billion, driven by ... Read the full article
HDI Global gets approval to open new branch in Portugal
25th October 2023
HDI Global SE has received regulatory approval to open a new office in Lisbon, Portugal, with Nuno Antunes, current Iberia Head of Client Strategy and Portugal Country Manager, set to lead the new branch as Managing Director. As per HDI Global, this announcement comes as a "natural evolution" that will complement ... Read the full article
Christoffersen assumes leadership of HDI Global and HDI Global Specialty in Denmark
16th May 2023
HDI Global and HDI Global Specialty, leading insurance providers, have announced a change in management for their branches in Denmark. Finn Christoffersen has taken over the helm as the new Managing Director, succeeding Rasmus Jorgensen, who departs to explore fresh professional avenues beyond the HDI Group. Christoffersen brings with him over ... Read the full article
HDI Global appoints new branch office leader in Greece
31st March 2023
HDI Global has announced that Konstantinos Semertzoglou will take over the executive management of its Greece branch office following the retirement of Notis Vagiakakos, who led the branch successfully for nearly two decades. Semertzoglou is set to join the Greek office on the 1st of April, whereupon Vagiakakos will assist him ... Read the full article
HDI Global grows top end, improves combined ratio
21st March 2023
Industrial insurer HDI Global SE has reported double-digit growth in gross written premiums and an improved combined ratio for 2022, underpinned by strong performances in liability and property lines, as well as new business growth in its specialty line portfolios. The company’s UK & Ireland branch contributed significantly to the positive ... Read the full article
HDI Global opens Representative office in Bangkok, Thailand
3rd March 2023
HDI Global has announced the opening of a Representative office in Bangkok, Thailand, following regulatory approval from the Ministry of Commerce. The new office will be run by newly appointed Marketing Director, Somchai Trongwisalpattana, who will report to Graham Silton, Managing Director of HDI Global Singapore. An experienced industry veteran, Trongwisalpattana brings ... Read the full article
HDI Global targets international growth in cyber
7th February 2023
German insurer HDI Global is targeting international growth in the global cyber insurance market as it believes it has “enormous potential” despite risks. Cyber attacks are on the rise, in 2022 Germany’s digital association Bitkom estimated that the German economy sustained losses of around €203bn as a result of cyber-attacks on ... Read the full article
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