Gross premium income of DKK 16,606m compared with DKK 16,021m in 2006
Technical result of DKK 2,820m compared with DKK 2,512m in 2006
Combined ratio 86.1 compared with 86.4 in 2006
Pre-tax profit for the full-year 2007 was DKK 3,109m, meeting our expectations
for the year
Profit for the full-year 2007 was DKK 2,266m compared with DKK 3,211m in 2006
The profit and adjusted capital trigger a total amount of DKK 2,561m being
returned to shareholders, equivalent to DKK 38 per share or a total
distribution of 113% of the profit for the year after tax. The total amount
distributed reflects TrygVesta's strong capital position.
Expectations for 2008 include gross earned premium growth of 5% in local
currency terms, a combined ratio before run-off of around 90 and pre-tax profit
of DKK 2,500m. Inclusion of expected losses on equities up to 18 February 2008
would imply a pre-tax profit to DKK 2,100m.
For further information, please go to http://report.trygvesta.com
