Alm. Brand Q2 insurance result swings to DKK 52 million loss; revenue rises 1.7% to DKK 3 billion

Reuters2026/07/16 05:26

By:Reuters

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Alm. Brand posted a Q2 insurance result loss of DKK 52 million, hit by a one-off DKK 700 million provision tied to a Supreme Court ruling.
Insurance revenue rose 1.7% to DKK 3 billion, driven by 5.2% growth in Private, while Commercial premiums fell 2.3%.
Combined ratio widened to 101.7 from 82.3, while the underlying undiscounted claims ratio improved 2 percentage points to 60.2.
Investment result climbed to DKK 215 million from DKK 102 million, with equities and bonds contributing positively.
Full-year profit-before-tax outlook was raised by DKK 200 million; insurance result guidance increased to DKK 1.2-1.4 billion, investment result to DKK 250 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alm. Brand A/S published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607160126OMX_____CNEWS_DA_GNW1001213000_da) on July 16, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Alm. Brand Q2 insurance result swings to DKK 52 million loss; revenue rises 1.7% to DKK 3 billion

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