Tryg — Earnings Release 2010

Feb 9, 2011

Tryg A/S / Miscellaneous

09.02.2011 17:27

Dissemination of a UK Regulatory Announcement, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement.

Fourth quarter 2010 results (compared with fourth quarter 2009)

5.5% growth in local currency and good result from investments. The insurance result, excluding extraordinary winter claims of approximately DKK 200m, is showing underlying improvement.

The medium term target is to generate a return on equity in excess of 20% after tax, corresponding to a combined ratio at the level of 90 including any run-off results.

Q4 2010 key figures

DKKm	Q4 2009	Q4 2010
Premium income	4,609	5.049
Technical result	317	261
Investment results	210	266
Pre-tax profit	527	512
Net income	448	369

Combined ratio was 95.5 compared with 94.1 and impacted by approximately 4 percentage points from extraordinary winter claims.

For 2010 a total distribution to shareholders of DKK 256m is proposed as cash dividend (DKK 4.00 per share). No share buy back programme is planned based on the 2010 result.

Download the interim report for Q4 2010 on tryg.com. News Source: NASDAQ OMX

09.02.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

Language: English
Company: Tryg A/S
Denmark
Phone:
Fax:
E-mail:
Internet:
ISIN: DK0060013274
Category Code: MSC
LSE Ticker: OGBV
Sequence Number: 680

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Time of Receipt: Feb 09, 2011 17:27:40
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