Q3 2022 Tryg A/S Earnings Call Transcript

Oct 13, 2022 / 08:00AM GMT
Gianandrea Roberti - Tryg A/S-IR Officer

Good morning, everybody. My name is Gianandrea Roberti. I'm Head of Investor Relations of Tryg. We published our Q3 results this morning. And I have here with me Morten Hubbe, Group CEO; Barbara Plucnar Jensen, Group CFO; and Johan Kirstein Brammer, Group CCO. With these words, over to you, Morten.

Morten Hubbe - Tryg A/S-Group CEO&Member of Executive Board

Thank you, Gian, and good morning to all of you, and we start on Slide 3, where we show a Q3 with a strong insurance quarter with a lot of operational improvement. We report a technical result of DKK 1.8 billion. I like that number. It's up 85% versus reported DKK 988 million in the same quarter last year. An unusual increase and clearly reflecting the fact that the RSA acquisition has increased our size and where we have a completely different scale in the new and large group.

If we look at the pro forma numbers, the DKK 1.8 billion technical is up roughly 21% to the pro

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