Business written using our New Zealand licence will be supported and managed by our Australian Branch, whose team includes specialist underwriters who have relevant experience and expertise in the New Zealand market. We are looking for opportunities to grow our footprint in the specialty insurance segment in New Zealand.

Our business offering is divided into 2 areas being Delegated Authority Business and Open Market Single Risks:

Delegated Authority Business

  • We seek to support UW agencies and brokers that have a niche insurance offering, who value long-term partnerships, and who ideally have their own infrastructure to service their business needs
  • We provide clearly defined underwriting authority for each UW Agency to reduce unnecessary inefficiencies in the value chain
  • We have a flexible approach allowing us to consider innovative ideas, lines of business, distribution channels and markets
  • We provide secure and highly-rated insurance paper for our partners and their clients

Open Market Single Risk Business

  • We focus on following Single Risk lines of business:
    • Directors & Officers
    • Professional Indemnity
    • General Aviation
    • Crisis Management
    • Accident & Health
    • Contingency
  • For contact details of our relevant underwriters, please see our Australian website
  • Our team of empowered underwriting experts provide a commercial and flexible underwriting approach
  • We provide fast and efficient service
  • We are willing to provide meaningful levels of capacity
  • We also have a highly experienced claims team

Financial Strength Rating

Standard and Poor's has assigned to HDI Global Specialty SE the Financial Strength Rating of 'A+' (Outlook
Stable) as of : 18 October 2021.

The Standard & Poor's rating scale is:

AAA Extremely Strong
AA Very Strong
A Strong
BBB Good
BB Marginal
B Weak
CCC Very Weak
CC Extremely Weak
R Regulatory Action

The rating 'AA' to 'CCC' may be modified by the addition of a plus or minus sign to show relative standing with the
major rating categories.

A.M. Best has assigned to HDI Global Specialty SE the Financial Strength Rating of “A” (Outlook
Positive) as of 12 November 2021.

The AM Best rating scale is:

A++, A+ (Superior)
A, A- (Excellent)
B++, B+ (Good)
B, B- (Fair)
C++, C+ (Marginal)
C, C- (Weak)
D (Poor)
E (Under Regulatory Supervision)
F (In Liquidation)
S (Suspended)

Solvency Margin

As at 31 December 2021, our solvency as filed with the Reserve Bank of New Zealand is as follows:


Actual Solvency Capital (NZD)


Minimum Solvency Capital (NZD) 204,247,000
Solvency Margin (NZD) 416,801,000

 Solvency Ratio