Second quarter 2010 results (compared with second quarter 2009)
3.6 % growth in local currency (8.7 % in DKK)
After a first quarter where extraordinary winter claims caused a loss on the
insurance business, the second quarter 2010 has returned to a more normal
level.
2010 premium growth is expected to be 3-4 % and combined ratio is changed from
97-99 to 96-98 including winter claims and without run-off for the remainder of
the year
Key figures for Q1 2010
DKKm Q1 2009 Q1 2010
Premium income 4,499 4,890
Insurance technical result 411 394
Investment results 498 -208
Pre-tax profit 896 173
Net income 710 128
Combined ratio 91.5 92.5
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