11 Jul 2023

Underlying combined ratio in line - BUY

Tryg (TRYG:CPH), 0 | Tryg A/S (TRYG:CSE), 0 | GJENSIDIGE FORSIKRING (GJF:STO), 0 | Gjensidige Forsikring ASA (GJF:OSL), 0

- ABGSC Financials Research | Jan Erik Gjerland | Hanna Skolt
- 11 pages

Q2: miss from volatile claims & financial items. We trim our estimates due to lower premiums. Capital adj. P/E'23e of 14.8x & '24e of 13x, -11% & -7% vs peers. BUY.

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Underlying combined ratio in line - BUY

Tryg (TRYG:CPH), 0 | Tryg A/S (TRYG:CSE), 0 | GJENSIDIGE FORSIKRING (GJF:STO), 0 | Gjensidige Forsikring ASA (GJF:OSL), 0

Published: 11 Jul 2023
Author: ABGSC Financials Research | Jan Erik Gjerland | Hanna Skolt
Pages: 11

Q2: miss from volatile claims & financial items. We trim our estimates due to lower premiums. Capital adj. P/E'23e of 14.8x & '24e of 13x, -11% & -7% vs peers. BUY.