Tryg A/S (OCSE:TRYG)
kr 141 -1.5 (-1.05%) Market Cap: 86.77 Bil Enterprise Value: 93.67 Bil PE Ratio: 24.10 PB Ratio: 2.26 GF Score: 74/100

Q4 2022 Tryg A/S Earnings Call Transcript

Jan 26, 2023 / 09:00AM GMT
Release Date Price: kr159.3 (+1.17%)
Gianandrea Roberti;S;IR Officer
Tryg A

/-

Good morning, everybody. My name is Gianandrea Roberti. I'm Head of Investor Relations of Tryg. We publish our full year result earlier on this morning, and I have here with me Morten Hubbe, Group CEO; Barbara Plucnar Jensen, our Group CFO; and Johan Kirstein Brammer, Group CCO. With these words, over to you, Morten.

Morten Hubbe;S;Group CEO;Member of Executive Board
Tryg A

/-&

Thank you, Gian, and good morning to all of you. And we'll start on Slide 3 with the financial highlights for the quarter and with a strong set of numbers for Q4. We reported Q4 technical result of DKK 1,689 million, which is an increase of 105% versus the reported Q4 of '21, and an increase of 22% versus the pro forma figures. We also report an underlying claims ratio improvement of 80 basis points, clearly driven by the profitability initiatives of corporate and commercial. And a combined ratio of 82.1% for Q4, which is, I believe, very strong for what is

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