Tryg's Supervisory Board has today approved the interim report for Q2 2026.
Tryg reported an insurance service result of DKK 1,190m (DKK 2,307m) and a combined ratio of 88.8% (77.2%) in Q2 2026. The insurance service result was DKK 2,390m (up approx. 4% y/y) equal to a combined ratio of 77.4% when excluding the one-off provision related to the Supreme Court ruling on Danish workers' compensation from 28 April 2026, which was recognised fully in the Q2 accounts. The insurance service result was supported by an underlying claims ratio improvement of 50 basis points, up from 40 basis points in Q1 2026, including strong performance in Norway and a premium growth of 3.3% (4.0%) in local currencies. The investment result was DKK 262m (DKK 110m), showcasing the strength of Tryg's low-risk investment approach in volatile markets. Pre-tax profit was DKK 1,076m (DKK 2,035m), or DKK 2,276m adjusted for the one-off provision on Danish workers' compensation. The profit after tax was DKK 874m (DKK 1,531m), or DKK 1,762m adjusted for the one-off provision on Danish workers' compensation. Ordinary dividend of DKK 2.15 (DKK 2.05) per share for the year is an increase of around 5% from the previous year. The reported solvency ratio at the end of Q2 2026 was 196% (192% Q1 2026), supportive of future shareholder remuneration.
Financial highlights Q2 2026
Insurance revenue growth of 3.3% in local currencies (4.0%)
Insurance service result of DKK 1,190m (DKK 2,307m), or DKK 2,390m adjusted for the one-off provision on Danish workers' compensation
Combined ratio of 88.8% (77.2%), or 77.4% adjusted for the one-off provision on Danish workers' compensation
Expense ratio of 13.3% (13.5%)
Investment result of DKK 262m (DKK 110m)
Profit before tax of DKK 1,076m (DKK 2,035m), or DKK 2,276m adjusted for the one-off provision on Danish workers' compensation
Ordinary dividend of DKK 2.15 (DKK 2.05) per share and solvency ratio of 196% (192% Q1 2026)
Financial highlights H1 2026
Insurance revenue growth of 3.4% in local currencies (3.9%)
Insurance service result of DKK 2,845m (DKK 3,846m), or DKK 4,045m adjusted for the one-off provision on Danish workers' compensation
Combined ratio of 86.4% (80.7%), or 80.7% adjusted for the one-off provision on Danish workers' compensation
Expense ratio of 13.3% (13.4%)
Investment result of DKK 264m (DKK 430m)
Profit before tax of DKK 2,353m (DKK 3,526m), or DKK 3,553m adjusted for the one-off provision on Danish workers' compensation
Ordinary dividend of DKK 4.30 (DKK 4.10) per share and solvency ratio of 196%