Brief: Tryg Q2 Insurance Revenue At DKK 10,597 Mln
BRIEF-Tryg Q2 Insurance Revenue At DKK 10,597 Mln July 10 (Reuters) - Tryg A/S TRYG.CO:
TRYG Q2 COMBINED RATIO 88.8% VERSUS. ESTIMATE 88.8%
TRYG Q2 PRETAX PROFIT DKK 1,076 MILLION VERSUS. ESTIMATE DKK 939 MILLION
TRYG'S REVENUE GROWTH IN 2026 IS EXPECTED TO COME PRIMARILY FROM THE RETAIL PORTFOLIOS
Q2 INSURANCE REVENUE DKK 10,597 MILLION (COMPANY COMPILED CONSENSUS DKK 10,593 MILLION)
2026 OUTLOOK: GROWTH IN THE UPPER PART OF THE COMMERCIAL SEGMENT (THE FORMER CORPORATE SEGMENT) IS LIKELY TO BE MORE LIMITED
IN 2027, REVENUE GROWTH IN LOCAL CURRENCIES IS EXPECTED TO BE HIGHER
SAYS Q2 INSURANCE REVENUE GROWTH IN LOCAL CURRENCIES WAS 3.3% WITH HIGHEST GROWTH IN NORWAY FOLLOWING PROFITABILITY INITIATIVES
IN 2026, OTHER INCOME AND COSTS ARE EXPECTED TO BE BETWEEN DKK -1.4 AND DKK -1.5BN
IN 2026 RETURN ON PREMIUM PROVISIONS IS EXPECTED TO BE AROUND DKK 220M PER ANNUM AT THE CURRENT LEVEL OF INTEREST RATES
SAYS QUARTER WAS MARKED BY STABILISATION OF FINANCIAL MARKETS AND IMPROVED INVESTOR SENTIMENT AS TENSIONS IN MIDDLE EAST SHOWED SIGNS OF EASING
OVERALL FULL-YEAR TAX RATE FOR 2026 IS EXPECTED TO BE APPROXIMATELY 23.5%
FULL-YEAR TAX RATE IS EXPECTED TO BE APPROXIMATELY 24.5%
Source text: ID:nGNE1DT70k
Further company coverage: TRYG.CO
(Gdansk Newsroom)
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