Tryg A/S to Discuss Recommended Cash Offer for RSA Insurance Group PLC Call Transcript
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Good morning, everybody. My name is Gianandrea Roberti. I'm Head of Investor Relations at Tryg. We published this morning the recommended offer for RSA Insurance Group plc. And therefore, I have our group CEO, Morten Hübbe; Group CFO, Barbara Plucnar Jensen; and Group CCO, Johan Kirstein Brammer to comment on this important acquisition.
Over to you, Morten.
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Thank you, Gian, and good morning to all of you. We are extremely excited to be with you here today and to announce the recommended offer for RSA, alongside our consortium partner, Intact.
As we announced on the 5th of November, Tryg will be acquiring the Swedish and Norwegian assets of RSA and will be co-owning RSA's Danish assets. We see this as a very compelling and strong opportunity for Tryg to create the largest Scandinavian nonlife insurer that will deliver very strong returns to our shareholders
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