Business
Alm. Brand A/S - Interim report for Q1 2026
Very satisfactory insurance service result supported by underlying improvements in Commercial Lines Alm. Brand Group lifts its guidance for the insurance service result excluding run-off gains or losses for the second to fourth quarter of 2026 by DKK 150 million to DKK 1.8-2.0 billion. The insurance service result for Q1 2026 was a profit of DKK 496 million (Q1 2025: DKK 337 million), equivalent to a combined ratio of 83.1 (88.2), driven in particular by favourable developments in Commercial Lin
About this update from Alm. Brand A/s
Very satisfactory insurance service result supported by underlying improvements in Commercial Lines CEO Andreas Ruben Madsen on the Q1 financial results: “We’re very satisfied with our Q1 performance, which was in line with our targets and reflected our focus on creating a more efficient and competitive group. I’m also pleased that we got off to a good start to our new strategy period. For example, we recently launched our new loyalty programme designed to make it even more attractive to be a customer of Alm. Brand. For our customers, the start to the year was characterised by unusually harsh winter weather with snow and frost for an extended period. This caused a rush of work in our claims department assisting many customers who had experienced accidents due to the icy road conditions. The situation in the Middle East also led to a significant increase in customer enquiries related to travel insurance issues.” This interim report and related materials are available at Alm. Brand Group’s investor website: Q1 2026 Webcast and conference call Alm. Brand will host a conference call for investors and analysts today, Tuesday 28 April 2026 at 11:00 a.m. The conference call and presentation will be available on Alm. Brand Group’s investor website: Conference call dial-in numbers for investors and analysts (PIN: 177147878): United Kingdom: +44 117 389 0104 USA: +1 585 542 9983 Denmark: +45 80 83 03 77 Link to webcast: https://events.q4inc.com/attendee/177147878 Contact Please direct any questions regarding this announcement to: Investors and equity analysts: VP, Head of Investor Relations & ESG Mads Thinggaard Mobile no. +45 2025 5469 Press: Head of Communications and Media Relations Mikkel Luplau Schmidt Mobile no. +45 2052 3883 Attachments