Danish insurer Tryg A/S on Friday boosted its quarterly dividend after a strong performance in its core insurance business helped offset a sharp decline in investment returns.
The company reported an insurance service result of 2.31 billion Danish kroner for the second quarter, up from a restated 2.02 billion kroner a year earlier, according to a company statement.
However, the investment result fell to 110 million kroner from a restated 538 million kroner in the same period last year, causing pretax profit to dip to 2.04 billion kroner from 2.13 billion kroner.
Tryg said it would pay an ordinary dividend of 2.05 kroner per share for the quarter, an increase of more than 5% from the prior year.
"In the past quarter, we have continued to strengthen our core business, allowing us to report a strong insurance service result for Q2 2025 and maintaining a solid combined ratio," said Group CEO Johan Kirstein Brammer.
"We have once again managed to increase our customer satisfaction, while at the same time improving our underlying claims ratio."
The company's combined ratio, a key measure of underwriting profitability where a figure below 100% indicates a profit, improved to 77.2% from a restated 78.8%, the company said.
Insurance revenue grew by 4.0% in local currencies during the quarter, according to the report.
More from this issuer
Related coverage
Danish insurer Tryg on Friday reported a higher profit from its core insurance business for the third quarter, but a sharp drop in investment income pulled its overall pretax profit lower.