Combined ratio of Tryg A/S 2023, by business area
In 2023, the combined ratio of the Danish non-life insurance company Tryg A/S was highest in their business area of private insurance. The combined ratio is a measure of profitability, and is the sum of incurred losses and expenses divided by the earned premiums .That year, the combined ratio in this business area was 84.5 percent. Conversely, the lowest combined ratio of Tryg A/S was recorded in their business area of commercial insurance, which was 78.1 percent.
