Jul 17, 2020 / NTS GMT
Presentation
Jul 17, 2020 / NTS GMT
=====================
Corporate Participants
=====================
* Steffen Heegaard
Topdanmark A/S - Group Communications & IR Director
=====================
Steffen Heegaard - Topdanmark A/S-Group Communications&IR Director
Welcome to the presentation of Topdanmark's results for the first half of 2020.
Profit in the first half of 2020 was DKK 196 million compared with an DKK 831 million in the first half of last year. This is primarily due to a lower investment result. The combined ratio was 85.5% compared to 80.7% in the first 6 months last year, mostly caused by lower runoff profits. Premium increased by 2.7% in non-life and by 20.7% in life.
For the full year 2020, the assumed combined ratio is improved by 1.5 percentage points to between 88% and 89%, excluding runoff in the second half of the year. The profit forecast for 2020 has been improved by DKK 100 million to between DKK 550 million and DKK 750 million, excluding runoff in the
Q2 2020 Topdanmark A/S Pre-Recorded Earnings Presentation Transcript
Jul 17, 2020
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers