- HDI Global Dubai expands specialist capabilities across Cyber, Power and Construction Risk Engineering
- Continued investment and economic resilience across the GCC drive demand for sophisticated corporate risk solutions
Corporate & Specialty insurer HDI Global delivered a robust first half of 2026, driven by disciplined underwriting, lower large loss payments, and an increased investment result. In the Middle East, HDI Global Dubai continued to strengthen its regional presence by expanding its specialist capabilities and supporting clients navigating increasingly complex risks across key sectors including infrastructure, construction, energy and cyber.
“Despite ongoing geopolitical uncertainty globally, the resilience demonstrated across the UAE and wider GCC has reinforced confidence in the region’s long-term growth trajectory,” said Willem van Wyk, Managing Director of HDI Global Dubai. “Throughout the first half of the year, we continued investing in our people and capabilities, with particular focus on strengthening our Cyber, Power and Construction Risk Engineering expertise. As businesses undertake increasingly complex projects and expand across borders, demand continues to grow for multinational insurance programmes and specialist risk solutions that combine technical expertise with deep local market understanding. Our ambition is to help clients and brokers manage these evolving risks while supporting the region’s continued economic transformation.”
On a worldwide scale, HDI Global’s H1 insurance revenue remained stable due to currency effects and disciplined underwriting at EUR 5.0 (5.1) billion. The insurance service result rose 8 percent to EUR 465 (430) million. Large loss payments amounted to EUR 92 (142) million, undershooting the pro rata budget for the period, which was recognised in full, by EUR 209 million. While NatCat losses remained below budget in the first half of the year, significant man-made losses continued across all industries. The combined ratio of HDI Global improved to 90.7 (91.6) percent. The net insurance financial and investment result before currency effects benefited from higher investment volumes and an increase in current interest income, climbing to EUR 169 (99) million. EBIT was stable at EUR 381 (377) million, while the division’s contribution to Group net income rose 7 percent to EUR 292 (274) million.
Across the GCC, investment activity has remained resilient despite heightened geopolitical uncertainty. Supported by prudent leadership, strong economic fundamentals and continued investment in infrastructure, energy and economic diversification, the region has maintained business momentum and reinforced its position as a trusted destination for international trade and investment.
“Looking ahead, we remain highly optimistic about the opportunities across the UAE and the wider Middle East,” van Wyk added. “Our Xcelerate29 strategy provides a clear roadmap to further strengthen our product capabilities and expand our presence across key growth areas, including Cyber, Power, Energy and Construction. Combined with the region’s continued investment in infrastructure and industrial development, we see significant opportunities to deepen our role as a trusted partner in transformation, helping clients navigate change with confidence while supporting sustainable long-term growth. With our highly committed team and strong local presence, we are well positioned to further strengthen HDI Global’s role as a leading partner for multinational and large corporate clients across the Middle East.”
Corporate & Specialty lines insurer HDI Global (HDI) meets the needs of SMEs, industrial companies, middle-market and corporate clients with bespoke insurance solutions. In addition to HDI’s prominent position in the German and broader European market, the company has access to its own worldwide HDI Global Network covering more than 200 countries and territories through foreign branch offices, subsidiaries, affiliated companies, and network partners. Acting as the preferred Partner in Transformation, HDI Global leads roughly 5,400 International Programmes and offers its multinational clients compliant coverage worldwide.
HDI Global is comprised of all risk carriers that represent the Corporate & Specialty Division of the Talanx Group and has been a leading insurer for decades. In 2025, more than 5,500 employees in this division generated approximately EUR 10.3 billion in gross insurance revenue (according to IFRS 17).
The rating agency Standard & Poor’s has assigned the Talanx Primary Group a financial strength rating of AA-/stable (very strong) and AM Best has assigned the A+/stable (superior) rating. Talanx AG is listed on the Frankfurt Stock Exchange in the MDAX index.
