Denmark's Tryg posts higher 2025 insurance result, announces share buyback

Tryg A/S

22/01/2026 06:42

Overview

Denmark insurer's 2025 insurance service result rose to DKK 7,945m, supported by Norway's profitability

Company announced DKK 1bn share buyback program

2025 investment result declined to DKK 778m from DKK 911m last year

Outlook

Tryg launches DKK 1bn share buyback programme, expected to conclude by May 2026

Company aims to strengthen commercial momentum and invest in customer technology

Tryg targets financial and strategic goals for 2027, focusing on IT and partnerships

Result Drivers

NORWAY PROFITABILITY - Co attributed higher insurance service result to profitability turnaround in Norway

COMBINED RATIO IMPROVEMENT - Co reported improved combined ratio of 80.3% from 81.7%

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Combined Ratio
81.40%
Q4 Pretax Profit
DKK 1.71 bln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 8 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the property & casualty insurance peer group is "buy."

Wall Street's median 12-month price target for Tryg A/S is DKK171.00, about 6.3% above its January 21 closing price of DKK160.80

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nGNE6WL8QT

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)