-------------------------------------------------------------------------------- | To Nasdaq OMX Copenhagen | | Announcement no. 17 - 2010 | | | | 21 May 2010 | -------------------------------------------------------------------------------- | First quarter 2010 results | | -------------------------------------------------------------------------------- (compared with first quarter 2009) 7.7 % growth in local currency (12.9 % in DKK) Earnings impacted by extraordinary hard winter in the Nordic region Positive underlying claims development in the private business 2010 premium growth is expected to be 3-4 % and combined ratio before winter claims changed from 93-95 to 94-96. Including winter claims combined ratio is now expected at 97-99 Key figures for Q1 2010 -------------------------------------------------------------------------------- | DKKm | Q1 2009 | Q1 2010 | -------------------------------------------------------------------------------- | Premium income | 4,117 | 4,650 | -------------------------------------------------------------------------------- | Insurance technical | 437 | -354 | | result | | | -------------------------------------------------------------------------------- | Investment results | 46 | 204 | | | | | -------------------------------------------------------------------------------- | Pre-tax profit | 470 | -113 | -------------------------------------------------------------------------------- | Net income | 320 | -102 | | | | | -------------------------------------------------------------------------------- Combined ratio was 108,4 compared with 90.9. Winter claims impacted by 15,1 percentage points and adjusted for this the combined ratio was 93,3 Read the entire report for first quarter 2010 and see webcast presentation on www.tryg.com Additional information: Visit tryg.com or contact our Investor Relations department; Investor Relations Director Ole Søeberg on +45 4030 0004 or ole.soeberg@tryg.dk Investor Relations Manager Lars Møller on +45 2266 6605 or lars.moeller@tryg.dk TrygVesta is the leading Nordic provider of “peace of mind” solutions with property & casualty insurance operations in Denmark, Norway, Sweden and Finland. TrygVesta is listed on Nasdaq OMX Copenhagen and 60% of the shares are held by TryghedsGruppen smba.
Attachments
Recommended Reading
-
On 22 January 2026, Tryg A/S (“Tryg”) announced that the Board of Directors had decided to initiate a share buyback programme of up to DKK 1.0 billion. The share buyback programme is executed in...
Read More -
Tryg’s annual general meeting was held today. At the annual general meeting, the shareholders adopted the report of the group’s activities in the financial year 2025. The annual general meeting also...
Read More