Oct 24, 2019 / 10:00AM GMT
Presentation
Oct 24, 2019 / 10:00AM GMT
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Corporate Participants
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* Steffen Heegaard
Topdanmark A/S - Group Communications, CSR & IR Director
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Steffen Heegaard - Topdanmark A/S-Group Communications - CSR & IR Director
Welcome to the presentation of Topdanmark's results for the first 3 quarters of 2019.
Despite a negative investment return, profit after tax for the first 3 quarters amounted to DKK 1.150 billion, up from DKK 1.071 billion in the first 9 months last year. The combined ratio improved to 82.1% compared to 84.2% in the same period last year. Premiums increased by 2.4% in nonlife and by 13.5% in life.
For full year 2019, the assumed combined ratio has improved between 85% and 86% to between 84% and 85%, excluding run-off in Q4. And the profit forecast model for 2019 has been improved by DKK 50 million to between DKK 1.3 billion and DKK 1.4 billion, excluding run-off in Q4.
For 2020, we assume a premium
Q3 2019 Topdanmark A/S Pre-Recorded Earnings Presentation Transcript
Feb 15, 2024
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