HDI Global’s insurance revenue grows by 10%

Germany-based insurer HDI Global SE’s insurance revenue increased by 10% year-on-year to €9.1 billion ($9.8 billion) in 2023, mainly driven by the property and liability business, Reinsurance News reported. The insurer’s operating profit increased by nearly 4% year-on-year to €446 million, while its combined ratio improved to 91.5%.