Q1 2022 Tryg A/S Earnings Call Transcript
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Good morning, everybody. My name is Gianandrea Roberti. I'm Head of Investor Relations at Tryg. We published our Q1 results earlier this morning, and I have here with me Morten Hubbe, Group CEO; Barbara Plucnar Jensen, Group CFO; and Johan Kirstein Brammer, our Group CCO.
With these few words, over to you, Morten.
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Thank you, Gian, and we start on Slide 3 where we see that Q1 is a little bit a tale of 2 stories. On one hand, we have very strong progress and very strong insurance results both in Trygg-Hansa and in the classic swipe business and in the new Trygg-Hansa business. But on the other hand, we also have investment losses driven by very difficult market. And indeed, a very different risk approach in RSA that doesn't have the same matching strategy that we have in Tryg.
If you look at the insurance result first, we're very pleased to have the highest
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