Tryg A/S – Interim report Q1 2025

 Tryg’s Supervisory Board has today approved the interim report Q1 2025.

Tryg reported an insurance service result of DKK 1,540m (DKK 1,280m) and a combined ratio of 84.2% (86.6%) in Q1 2025. The higher insurance service result was supported by a growth of 3.7% in local currencies, a benign level of weather claims, and a continued underlying profitability improvement. The investment result was robust at DKK 320m (DKK 112m). Pre-tax profit was DKK 1,491m (DKK 1,007m) and profit after tax was DKK 1,118m (DKK 776m). Ordinary dividend of DKK 2.05 (DKK 1.95) per share for the quarter, is an increase of more than 5% from last year. The reported solvency ratio at the end of Q1 2025 was 195%, supporting future shareholder remuneration. Tryg launched a DKK 2bn buyback on 4 December 2024, of which some DKK 1.3bn has been bought back at the end of Q1.