Q2 2019 Tryg A/S Earnings Call Transcript
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Good morning, everybody, and welcome to the presentation of Tryg's result for Q2. My name is Peter Brondt, and I'm from Investor Relations. With me, I have our CEO, Morten Hübbe; and our CFO, Barbara Plucnar Jensen. They will present the highlights of the quarter and then we will have time for Q&A. And with this short introduction, over to you, Morten.
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Thank you, Peter. And good morning from my side as well.
And we start on Slide 3, where we report a technical result of DKK 979 million, which is an increase of 16% year-on-year, of course clearly impacted by the inclusion of the Alka results in the numbers and the Alka synergies but also a lower level of large claims and weather claims compared to the second quarter the year before.
We saw a continuous improvement in the underlying claims ratio some 50 basis points both on the Private and the group level.
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