09 jul: Storaktionærmeddelelse
10 jul: Den Jyske Sparekasse nedjusterer det resultatmæssige forventnings..
10-07-2019 07:30:01

Tryg A/S – Interim report Q2 and H1 2019

Tryg’s Supervisory Board has today approved the interim report for Q2 and H1 2019.

Premium growth of 19.7% or 5.9% excluding Alka (4.9% in Q2 2018). Technical result of DKK 979m (DKK 846m) positively impacted by the Alka result and slightly lower level of large and weather claims than in Q2 2018. Investment return of DKK 57m (DKK -90m) driven primarily by positive equity returns and strong returns from all fixed-income asset classes. Profit before tax of DKK 979m (DKK 735m). Quarterly dividend of DKK 1.70 per share, supporting TryghedsGruppen’s member bonus. Solvency ratio of 171.

Financial highlights Q2 2019

  • Premium growth of 19.7% or 5.9% (4.9%) excluding Alka in local currencies
  • Technical result of DKK 979m (DKK 846m), positively impacted by Alka result
  • Combined ratio of 82.1% (81.4%)
  • Underlying claims ratio improved by 0.5% both for Private and the Group including Alka in the corresponding period in Q2 2018
  • Expense ratio of 14.2 (14.1)
  • Return on free investments portfolio of DKK 161m (DKK 10m)
  • Total investment return of DKK 57m (DKK -90m)
  • Profit before tax of DKK 979m (DKK 735m)
  • Q2 dividend of DKK 1.70 per share and solvency ratio of 171

Financial highlights H1 2019

  • Premium growth of 19.4% or 6.0% (3.5%) excluding Alka in local currencies
  • Technical result of DKK 1,605m (DKK 1,409m) positively impacted by Alka result
  • Combined ratio of 85.0% (84.3%)
  • Underlying claims ratio (Private and Group) improved by 0.5%
  • Expense ratio of 14.1 (14.1)
  • Return on free investments portfolio of DKK 534m (DKK 64m)
  • Investment return of DKK 410m (DKK -81m)
  • Profit before tax of DKK 1,909m (DKK 1,288m)
  • H1 dividend of DKK 3.40 per share (DKK 1.70 paid in April. DKK 1.70 to be paid on 15 July)

Customer highlights Q2 2019

  • Transactional Net Promoter Score (TNPS) of 67 (64)
  • Number of products per customer 3.8 (3.6)

  • For the fourth consecutive year, TryghedsGruppen paid out a member bonus of 8% to its members
  • Statement by Group CEO, Morten Hübbe:

    We deliver a technical result, which is around 16% higher than Q2 2018, which primarily is due to the Alka result but also a solid development in our core business.

    We continue to see solid growth for the Group of 5.9% (including Alka at 19.7%) primarily driven by Private Denmark, which performs growth for 16th quarter in a row. Customer satisfaction was at the highest level and customers renewal of their insurances is record high.

    Q2 2019 has been marked by a series of innovative partnerships with well-established companies and new start-ups, which strengthens distribution and customer experience. We have launched our own pension brand, Tryg Pension, with the life and pension company Danica as service provider. We have started providing insurance solutions to Danske Bank’s 3 million Nordic customers, we deliver digital health insurance in the pension app, Grandhood, as well as a new innovative insurance solution in the bank app, Lunar Way, targeted at young people.

    Finally, I am pleased that 1.3 million Alka and Tryg customers, or every fourth Dane, on 12 June has been paid a bonus by TryghedsGruppen equalling to 8% of premiums paid in 2018.

    Conference call

    Tryg hosts a conference call today at 10:00 CET. CEO Morten Hübbe and CFO Barbara Plucnar Jensen will present the results in brief followed by Q&As. The conference call will be held in English. An on-demand version will be available shortly after the conference call has ended.

    All Q2 material can be downloaded on tryg.com/en shortly after the time of release.

    Conference call details:

    Danish participants:     

    +45 35 44 55 83

    UK participants:           

    +44 (0) 203 194 0544

    US participants:           

    +1 855 269 2604

    Attachment

    logo.jpg

    Relateret indhold
    10 sep - 
    Tirsdagens aktier: DSV og Genmab tog største dukkert på..
    10 sep - 
    Tirsdagens aktier: DAV og Genmab og største dukkert på ..
    05 sep - 
    Torsdagens aktier: Bankerne tog revanche i generelt pos..
    Relateret debat
    10 sep - 
    @
    10 sep - 
    P/E - efter opkøb - er ca. 22 ved nuv. kurs pba. 2019 i..
    10 sep - 
    Kan ikke forstå hvorfor Tryg skal være så vild dyr på P..
    Del

    Opret kommentar

    Relateret debat

    • 1 uge
    • 1 måned
    • 1 År
    10 sep
    TRYG
    P/E - efter opkøb - er ca. 22 ved nuv. kurs pba. 2019 indtjeningen (E).    Min umiddelbare tanke er,..
    1

    Aktier/åbning: Lundbeck helt i bund på milliardopkøb i rødt marked

    16-09-2019 09:13:54
    Lundbecks melding om at ville købe amerikanske Alder Biopharmaceuticals i en handel, der er værdisat op til 1,95 mia. dollar - eller omkring 13 mia. kr., får i de første handler investorerne til at sende aktien ned.Aktien falder helt til bunds i eliteindekset med et fald på 3,6 pct. til 228 kr. mandag morgen, i et marked der samlet i C25 falder 0,5 pct. til indeks 1140,69.Lundbeck er i negativt ra..

    Lars Christensen Verden - Episode 25: Markederne og verdens elendige tilstand

    Relaterede nyheder
    11-09-2019 23:11:20
    Hvis ugens gæst, seniorstrateg Andreas Steno fra Nordea Markets, og Lars Christensen havde haft sæde i Federal Reserves pengepolitiske komité, havde verden set anderledes ud - i hvert fald pengepolitikken. USA's ledende pengepolitiske rente havde f.eks. fået et nøk mere nedad tilbage i juli, navnlig i lyset af den tiltagende recessionsrisiko, lave inflation, og  at den såkaldte rentekurve blev neg..

    Danske Bank i største hop i seks år: Øger markedsværdi med 7 mia. kr.

    09-09-2019 17:10:29
    Pilen pegede generelt ned for det danske aktiemarked mandag, men Danske Bank trodsede stemningen og bankede op med hele 9,1 pct. til 99,48 kr. Det var den største stigning i omtrent seks år, hvilket øgede markedsværdien med 7,1 mia. kr. til samlet 85,8 mia. kr.Mandag kom det frem, at analytikere fra Bloomberg Intelligence mener, at markedet er alt for pessimistisk, i forhold til hvor stor en bøde ..

    Mest læste nyheder

    • 24 timer
    • 48 timer
    • 1 uge
    1
    Danske Bank vil have amerikansk hvidvasksøgsmål smidt i skraldespanden
    2
    Genmab/Guggenheim: Løfter kursmålet med 12,4 pct.
    3
    Aktier/tendens: Lundbeck i fokus med stort opkøb inden rød start
    4
    Aktier/åbning: Lundbeck helt i bund på milliardopkøb i rødt marked
    5
    De kan ikke blive enige - Kudlow modsiger Trump - GENT

    Relaterede aktiekurser

    Tryg A/S 196,80 0,7% Stigning i aktiekurs

    Copyright Berlingske Media 2019  Handelsbetingelser  |  Cookiedeklaration  |  Cookie- og Privatlivspolitik  |  Ophavsret og vilkår
    Aktieinformation leveres af Morningstar.
    Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
     
    16. september 2019 14:20:23
    (UTC+01:00) Brussels, Copenhagen, Madrid, Paris
    Version: LiveBranchBuild_20190829.2 - EUROWEB6 - 2019-09-16 14:20:23 - 2019-09-16 14:20:23 - 1 - Website: OKAY