S&P upgrades HDI Global ratings

International rating agency S&P Global Ratings has upgraded the credit ratings of HDI Global SE and the Talanx Primary Insurance Group from “A+” (Strong) to “AA-” (Very Strong) with stable outlook.

S&P Global Ratings explains the upgrade for HDI Global SE with the consistent strengthening of the balance sheet as well as the ongoing diversification of earnings streams across business lines and regions on Group level. 

With this decision, S&P explicitly recognised the strong development of HDI Global SE within the Talanx Group, acting as a strong Corporate & Specialty player.

Dr Edgar Puls, chief executive of HDI Global SE, says: “The upgrade of our credit rating is a testament to our financial resilience, enabling us further to be a reliable and trusted Partner in Transformation for our clients in the long-term. We are proud of this acknowledgement and to be a part of such a strong group.”

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