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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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Alm. Brand Q2 insurance result swings to DKK 52 million loss; revenue rises 1.7% to DKK 3 billion
  • 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:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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