Alm. Brand raises 2026 insurance service result forecast to DKK 1.5-1.6 billion
Bitget2026/10/05 06:09Alm. Brand raised its 2026 insurance service result outlook by DKK 250 million to DKK 1.5-1.6 billion, excluding Q4 run-offs. Upgrade follows favorable Q3 performance, driven by low major claims, low weather claims, run-off gains, and a smaller year-on-year claims-ratio improvement. Combined ratio forecast tightened to 86.5-87.5 from 88-90; expense ratio guidance kept at about 17%. Investment result expected at DKK 150 million, down from DKK 250 million, reflecting higher interest rates. Pre-tax profit before other income and expenses seen at DKK 1.65-1.75 billion; other income and expenses expected near a DKK 0.5 billion cost. 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: 202610050208OMX_____CNEWS_EN_GNW1001276200_en) on October 05, 2026, and is solely responsible for the information contained therein.
- Alm. Brand raised its 2026 insurance service result outlook by DKK 250 million to DKK 1.5-1.6 billion, excluding Q4 run-offs.
- Upgrade follows favorable Q3 performance, driven by low major claims, low weather claims, run-off gains, and a smaller year-on-year claims-ratio improvement.
- Combined ratio forecast tightened to 86.5-87.5 from 88-90; expense ratio guidance kept at about 17%.
- Investment result expected at DKK 150 million, down from DKK 250 million, reflecting higher interest rates.
- Pre-tax profit before other income and expenses seen at DKK 1.65-1.75 billion; other income and expenses expected near a DKK 0.5 billion cost.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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