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BRIEF-Tryg targets technical result of DKK 2.8 bln for 2020
November 20, 2017 / 6:44 AM / a month ago

BRIEF-Tryg targets technical result of DKK 2.8 bln for 2020

Nov 20 (Reuters) - Tryg A/S:

* Tryg A/S – New Financial Targets And Capital Markets Day In London

* Tryg - ‍has defined new financial targets for 2020​

* ‍defined new financial targets for 2020​

* Tryg - ‍technical result of dkk 2.8bn is targeted for 2020 driven by a combined ratio of 87 or lower and an expense ratio around 14​

* ‍technical result of dkk 2.8bn is targeted for 2020​

* Tryg - ‍run-off gains are estimated to be between 3%- 5% in 2020 against a current level of 6%-7%​

* Tryg - ‍return on equity target is lifted from 21% or above to 23% or above after tax​

* ‍tryg’s supervisory board decides to propose extraordinary dividend of dkk 1 bn corresponding to dkk 3.6 per share​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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