Brief: Topdanmark Expects Net Profit For 2021 Of About DKK 2.1 Bln

Topdanmark A/S

14/01/2022 07:57

Jan 14 (Reuters) - Topdanmark  TOP.CO :
    * A/S EXPECTS NET PROFIT FOR 2021 OF AROUND DKK 2.1 BILLION
    * HIGHER RESULT IS PRIMARILY DRIVEN BY A HIGHER INVESTMENT
RETURN,
ESTIMATED RUN-OFF, AND ABSENCE OF LARGE WEATHER-RELATED EVENTS
IN Q4 2021, BUT ALSO BY AN IMPROVEMENT OF UNDERLYING CLAIMS
TREND FROM LEVEL ASSUMED IN PROFIT FORECAST MODEL RELEASED IN
INTERIM REPORT FOR Q1-Q3 2021.
    * RESULT OF PREVIOUS PROFIT FORECAST MODEL FOR 2021 WAS DKK
1,750-1,800M EXCLUDING. RUN-OFF IN Q4 2021.

Further company coverage:  TOP.CO 

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