ALM Equity AB (publ) (ALM) Q4 2024 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.557 Good morning, all. Good afternoon, all. Welcome to the Elm Brand Q424 earnings call. 00:00:04.557 -- 00:00:07.041 My name is Adam, and I'll be your operator today. 00:00:07.041 -- 00:00:10.406 If you'd like to ask a question during the Q&A portion of today's call, you may do so 00:00:10.406 -- 00:00:13.650 by pressing star 4 by 1 on your telephone keypad. 00:00:13.650 -- 00:00:15.933 I will now hand the floor to Rasmus Bernd Nielsen to begin. 00:00:15.933 -- 00:00:19.118 So, Rasmus, please go ahead when you're ready. 00:00:19.118 -- 00:00:23.003 Yeah, good morning, and thank you for joining us on our conference call. 00:00:23.003 -- 00:00:28.671 I'm here today with our CFO, Andreas Robben Madsen, and our head of IR, 00:00:28.671 -- 00:00:33.262 Mads Tinko. This morning, we published our interim report for the fourth quarter, and 00:00:33.262 -- 00:00:37.808 as usual, I will walk you through the operating highlights, and then Andreas will comment 00:00:37.808 -- 00:00:39.630 on the financials. 00:00:39.630 -- 00:00:42.434 Let us move to slide two. Overall, 00:00:42.434 -- 00:00:47.841 24 ended better than expected with last claims of just 4.7% 00:00:47.841 -- 00:00:50.584 and weather-related claims of 2.9%, 00:00:50.584 -- 00:00:54.469 being in the normal range we expect and somewhat lower than 4.1% in 23. 00:00:54.469 -- 00:00:56.051 We 00:00:56.051 -- 00:01:00.308 had strong growth in our personal lines in 24 of 7.7%, 00:01:00.308 -- 00:01:04.173 while also ending the year with a Q4 growth rate above 7%. 00:01:04.173 -- 00:01:06.075 Thanks 00:01:06.075 -- 00:01:11.081 to our strong partnerships with local as well as countrywide banks, we're taking market 00:01:11.081 -- 00:01:16.347 share in personal lines. We view growth in comme...