Latest news with #Tryg
Yahoo
11-07-2025
- Business
- Yahoo
Tryg A/S – Financial Calendar for 2026
Tryg A/S hereby publishes the financial calendar for the calendar year 2026. 22 Jan. 2026 Annual Report 2025 26 Mar. 2026 Annual General Meeting 15 Apr. 2026 Interim report Q1 2026 10 Jul. 2026 Interim report Q2 and H1 2026 09 Oct. 2026 Interim report Q1-Q3 2026Contact information: Gianandrea Roberti, Head of Financial Reporting, SVP, +45 20 18 82 67, Robin Hjelgaard Løfgren, Head of Investor Relations, +45 41 86 25 88, Visit for more information. Attachment 36_Tryg Financial Calendar for 2026Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-07-2025
- Business
- Yahoo
Tryg A/S – interim report Q2 and H1 2025
Tryg's Supervisory Board has today approved the interim report for Q2 and H1 2025. Tryg reported an insurance service result of DKK 2,307m (DKK 2,020m) and a combined ratio of 77.2% (78.8%) in Q2 2025. The higher insurance service result was supported by a growth of 4.0% (3.9%) in local currencies and a continued underlying profitability improvement. The investment result was at DKK 110m (DKK 538m). Pre-tax profit was DKK 2,035m (DKK 2,129m) and profit after tax was DKK 1,531m (DKK 1,642m). Ordinary dividend of DKK 2.05 (DKK 1.95) per share for the quarter, is an increase of more than 5% from last year. The reported solvency ratio at the end of Q2 2025 was 199% (195% Q1 2025), supportive of future shareholder highlights Q2 2025 Insurance revenue growth of 4.0% in local currencies (3.9%) Insurance service result of DKK 2,307m (DKK 2,020m) Combined ratio of 77.2% (78.8%) Expense ratio of 13.5% (13.6%) Investment result of DKK 110m (DKK 538m) Profit before tax of DKK 2,035m (DKK 2,129m) Ordinary dividend of DKK 2.05 (DKK 1.95) per share and solvency ratio of 199% (195% Q1 2025) Financial highlights H1 2025 Insurance revenue growth of 3.9% in local currencies (4.4%) Insurance service result of DKK 3,846m (DKK 3,300m) Combined ratio of 80.7% (82.7%) Expense ratio of 13.4% (13.6%) Investment result of DKK 430m (DKK 650m) Profit before tax of DKK 3,526m (DKK 3,136m) Ordinary dividend of DKK 4.10 (DKK 3.90) per share and solvency ratio of 199% Customer highlights Q2 2025 Customer satisfaction score of 82 (baseline 2024 is 81) Statement by Tryg Group CEO, Johan Kirstein Brammer:In the past quarter, we have continued to strengthen our core business, allowing us to report a strong insurance service result for Q2 2025 and maintaining a solid combined ratio. We have once again managed to increase our customer satisfaction, while at the same time improving our underlying claims ratio. We are sustaining strong early progress as we execute our 2027 strategy as a result of several targeted initiatives across our markets such as continued profitability improvements in Norway, while we are firmly in control of developments in the motor portfolio as frequencies and average claims develop favourably. New accounting policy: Adjusted financial key figures In March 2025, Tryg published a newsletter on a change in the hedging strategy of inflation risk related to long-tailed lines of business. In accordance with accounting regulation, comparison figures have been restated. Q2 2024 was significantly affected, hence a comparison of reported and restated figures are shown below. The restatement simply moves income between the insurance service result and the investment result, and hence the profit/loss before tax is unchanged. For more details on the inflation hedge, see the IR newsletter. Restated key figures for Q2 2024 (*): DKKm Q2 2025 Q2 2024reported Q2 2024 restated Insurance service result 2,307 2,212 2,020 Net investment result 110 347 538 Other income and costs -381 -430 -430 Profit/loss before tax 2,035 2,129 2,129 Conference callTryg hosts a conference call today at 10:00 CET. CEO Johan Kirstein Brammer, CFO Allan Kragh Thaysen, CTO Mikael Kärrsten and Head of Financial Reporting, SVP Gianandrea Roberti will present the results in brief followed by Q& conference call will be held in English. An on-demand version will be available shortly after the conference call has ended. Conference call details:Danish participants: +45 78 76 84 90UK participants: +44 203 769 6819US participants: +1 646 787 0157PIN: 560768 The interim report material can be downloaded on shortly after the time of release. Contact information: Gianandrea Roberti, Head of Financial Reporting, SVP, +45 20 18 82 67, Robin Hjelgaard Løfgren, Head of Investor Relations, +45 41 86 25 88, Camilla Lercke Odgaard, Head of Communications, SVP +45 53 39 23 84, Visit for more information. Attachment Interim Report Q2 and H1 2025 - TRYG A_SError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-07-2025
- Business
- Yahoo
Tryg A/S – interim report Q2 and H1 2025
Tryg's Supervisory Board has today approved the interim report for Q2 and H1 2025. Tryg reported an insurance service result of DKK 2,307m (DKK 2,020m) and a combined ratio of 77.2% (78.8%) in Q2 2025. The higher insurance service result was supported by a growth of 4.0% (3.9%) in local currencies and a continued underlying profitability improvement. The investment result was at DKK 110m (DKK 538m). Pre-tax profit was DKK 2,035m (DKK 2,129m) and profit after tax was DKK 1,531m (DKK 1,642m). Ordinary dividend of DKK 2.05 (DKK 1.95) per share for the quarter, is an increase of more than 5% from last year. The reported solvency ratio at the end of Q2 2025 was 199% (195% Q1 2025), supportive of future shareholder highlights Q2 2025 Insurance revenue growth of 4.0% in local currencies (3.9%) Insurance service result of DKK 2,307m (DKK 2,020m) Combined ratio of 77.2% (78.8%) Expense ratio of 13.5% (13.6%) Investment result of DKK 110m (DKK 538m) Profit before tax of DKK 2,035m (DKK 2,129m) Ordinary dividend of DKK 2.05 (DKK 1.95) per share and solvency ratio of 199% (195% Q1 2025) Financial highlights H1 2025 Insurance revenue growth of 3.9% in local currencies (4.4%) Insurance service result of DKK 3,846m (DKK 3,300m) Combined ratio of 80.7% (82.7%) Expense ratio of 13.4% (13.6%) Investment result of DKK 430m (DKK 650m) Profit before tax of DKK 3,526m (DKK 3,136m) Ordinary dividend of DKK 4.10 (DKK 3.90) per share and solvency ratio of 199% Customer highlights Q2 2025 Customer satisfaction score of 82 (baseline 2024 is 81) Statement by Tryg Group CEO, Johan Kirstein Brammer:In the past quarter, we have continued to strengthen our core business, allowing us to report a strong insurance service result for Q2 2025 and maintaining a solid combined ratio. We have once again managed to increase our customer satisfaction, while at the same time improving our underlying claims ratio. We are sustaining strong early progress as we execute our 2027 strategy as a result of several targeted initiatives across our markets such as continued profitability improvements in Norway, while we are firmly in control of developments in the motor portfolio as frequencies and average claims develop favourably. New accounting policy: Adjusted financial key figures In March 2025, Tryg published a newsletter on a change in the hedging strategy of inflation risk related to long-tailed lines of business. In accordance with accounting regulation, comparison figures have been restated. Q2 2024 was significantly affected, hence a comparison of reported and restated figures are shown below. The restatement simply moves income between the insurance service result and the investment result, and hence the profit/loss before tax is unchanged. For more details on the inflation hedge, see the IR newsletter. Restated key figures for Q2 2024 (*): DKKm Q2 2025 Q2 2024reported Q2 2024 restated Insurance service result 2,307 2,212 2,020 Net investment result 110 347 538 Other income and costs -381 -430 -430 Profit/loss before tax 2,035 2,129 2,129 Conference callTryg hosts a conference call today at 10:00 CET. CEO Johan Kirstein Brammer, CFO Allan Kragh Thaysen, CTO Mikael Kärrsten and Head of Financial Reporting, SVP Gianandrea Roberti will present the results in brief followed by Q& conference call will be held in English. An on-demand version will be available shortly after the conference call has ended. Conference call details:Danish participants: +45 78 76 84 90UK participants: +44 203 769 6819US participants: +1 646 787 0157PIN: 560768 The interim report material can be downloaded on shortly after the time of release. Contact information: Gianandrea Roberti, Head of Financial Reporting, SVP, +45 20 18 82 67, Robin Hjelgaard Løfgren, Head of Investor Relations, +45 41 86 25 88, Camilla Lercke Odgaard, Head of Communications, SVP +45 53 39 23 84, Visit for more information. Attachment Interim Report Q2 and H1 2025 - TRYG A_SError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-06-2025
- Business
- Yahoo
Tryg A/S – Q2 2025 pre-silent newsletter
Tryg will conduct pre-close analyst calls and meetings starting on 26 June, ahead of the Q2 2025 results, which will be released on 11 July. This newsletter aims to inform capital market participants of the key factors influencing the company's recent financial performance. Insurance revenue growth Tryg maintains a balanced distribution of insurance revenue across the Scandinavian countries, with approximately 50% of revenue generated in Denmark, 30% in Sweden, and 20% in Norway. In Q2 2024, Tryg reported insurance revenue of DKK 9,545m. The commercial segment will experience a smaller spillover effect into 2025 of the derisking of the corporate portfolio carried out in 2024. In general, the group revenue development remains in line with recent development. Tryg reported a growth measured in local currencies of 3.7% in Q1 2025. When converting earnings from local currencies to DKK, Tryg's reporting currency, the expected average value of SEK 100 is DKK 68.5 (64.5 Q2 2024), and NOK 100 is DKK 64.5 (64.2 Q2 2024). Claims environment Underlying claims developmentTryg operates a stable business and recent trends in underlying performance should thus be considered reliable indicators for short-term trends. The Group's underlying claims ratio was 66.8% in Q2 2024. At the capital markets day (CMD) on 4 December 2024, Tryg mentioned that it expects a broadly stable to slightly improving underlying performance in the new strategy period towards 2027. In Q1 2025, the Group underlying claims ratio improved 30 basis points and the Private underlying claims ratio improved 10 basis points. Weather claims For Q2, normalised weather claims amount to 10% of the annual DKK 800m guidance, equating to DKK 80m. As a reminder, the annual expectation for weather claims is split as follows (in percentages terms): 40% in Q1, 10% in Q2, 20% in Q3 and 30% in Q4. At the time of writing, weather claims expectations for the quarter remain in line with the guidance for the second quarter of the year. Large claimsOn an annual basis, Tryg provides guidance for large claims amounting to DKK 800m, evenly distributed across quarters. Occasionally, information about large claims may be available in mass media or local press. Interest rates developmentFor Q2, it is expected an approximate discount rate of 2.5%. The discounting percentage was reported at 2.3% in Q1 2025. Run-off expectations towards 2027At the 2024 CMD, Tryg stated a long-term run-off expectation of ~2% towards 2027. Investment activities Tryg has divided its investment activities into a match portfolio (approx. DKK 46bn at Q1 2025) and a free portfolio (approx. DKK 16bn as per Q1 2025). As announced at the 2024 CMD, the free portfolio was derisked during Q4 2024 and now mainly consists of Scandinavian covered bonds and government bonds (approx. DKK 12bn) and the real estate portfolio (approx. DKK 3bn). As a rule of thumb, the return on bonds can be modelled with the following Bloomberg tickers, 50% NYKRCMB2 and 50% NYKRCMG2. For the real estate portfolio, a normalised annual return of 6.5% is assumed. The buyback program of DKK 2bn started in December will impact the size of the free portfolio accordingly over the quarter. The return of the match portfolio mainly consists of the return on premium provisions, which is expected at DKK 75m per quarter with the current level of interest rates. Additionally, the line 'Other financial income and expenses' is guided at DKK -90m per quarter and mainly consists of costs related to currency hedges, general balance sheet items and costs related to running the investment operation. Other income and costs Other income and costs are originally guided between DKK -350m and DKK -370m on a quarterly basis. This is primarily driven by amortisation of intangibles related to the RSA Scandinavia acquisition. The intangibles are booked in SEK and converted to DKK (the reporting currency of Tryg). The SEK strengthening experienced this year (while positive for the insurance service result and thus the overall Group result) impacts this line negatively, and therefore an additional FX-related impact of approx. DKK 15m should be added to the original guidance. Number of shares At the end of Q1 2025, Tryg reported 607,059,826 outstanding shares. In the second quarter, Tryg bought back a total of 4,091,106 shares, thus lowering the number of outstanding shares during the quarter. The DKK 2bn share buyback programme ended on 19 June 2025. Outlook statement from annual report 2024 Tryg reported an insurance service result, adjusted for the more favourable-than-normal large and weather claims outcome, of around DKK 7.2bn in 2024 and it is now targeting its highest ever insurance service result of DKK 8.0-8.4bn in 2027. The insurance service result is expected to increase gradually throughout the strategy period. As announced in the newsletter dated March 2025, please note that 2024 financials have been restated due to changed inflation hedging. The newsletter can be found here: Tryg will publish the Group's Q2 results for 2025 on 11 July 2025 at around 7:30 CET. Conference call Tryg will host a conference call on the day of the release at 10:00 CET. CEO Johan Kirstein Brammer, CFO Allan Kragh Thaysen, CTO Mikael Kärrsten and SVP Gianandrea Roberti will present the results in brief, followed by a Q&A session. The conference call will be held in English. Date 11 July 2025 Time 10:00 CET Dial-in numbers +45 (DK) 78 76 84 90+44 (UK) 203 769 6819+1 (US) 646 787 0157 Pin code 560768 You can sign up for an e-mail reminder on The conference call will also be broadcast on this site. An on-demand version will be available shortly after the conference call has ended. All Q2 2025 material can be downloaded on shortly after the time of release. Attachment Tryg_AS_Presilent_letter_2025_Q2Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19-06-2025
- Business
- Yahoo
Conclusion of share buyback programme in Tryg - Transactions in connection with share buyback programme
On 04 December 2024, Tryg A/S ('Tryg') announced that the Board of Directors had decided to initiate a share buyback programme of up to DKK 2.0 billion. The share buyback programme is executed in accordance with EU Market Abuse Regulation, EU Regulation no. 596/2014 of 16 April 2014 and the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the 'Safe Harbour Regulation'). The share buyback programme will end no later than 30 June 2025. Transactions made under the share buyback programme will be announced through Nasdaq Copenhagen on a weekly basis. The following transactions have been executed in the period 16 June 2025 to 19 June 2025: Number of shares Avg. purchaseprice, DKK Transaction value, DKK 16 June 2025 100,000 164.72 16,472,000 17 June 2025 100,000 164.31 16,431,000 18 June 2025 90,000 165.01 14,850,900 19 June 2025 80,360 164.42 13,212,791 Accumulated for the period 370,360 60,966,691 Accumulated under the programme 12,921,893 1,999,998,741 Detailed information on all transactions under the share buyback programme during the period is included in the attached appendix. Following the above transactions, Tryg owns a total of 8,298,578 treasury shares corresponding to 1.357% of the total share capital. The DKK 2.0 billion share buyback programme has thereby been concluded as per 19 June 2025. Contact information: Gianandrea Roberti, Head of Financial Reporting, SVP +45 20 18 82 67, Robin Hjelgaard Løfgren, Head of Investor Relations, +45 41 86 25 88, Peter Brondt, Investor Relations Director +45 22 75 89 04, Visit Attachment Weekly report on share buyback programme 16 June 2025 - 19 June 2025
