DGAP-Regulatory: New portfolio split between Commercial and Corporate from 2014

DGAP-Regulatory: New portfolio split between Commercial and Corporate from 2014

Tryg A/S  / Miscellaneous

25.03.2014 13:26

Dissemination of a Regulatory Announcement, transmitted by
DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Comparison figures for 2009-2013 based on Tryg's new portfolio split between
Commercial and Corporate. 

As announced in the annual report 2013, Tryg has made a new portfolio split
between the business areas Commercial and Corporate as of 2014. With the new
split, 8,000 customers, corresponding to DKK 0.9bn, are transferred from
Corporate to Commercial. The purpose of the new split is to make Corporate more
targeted towards large customers and at the same time ensure the use of the
incorporated service model for medium-sized customers in Commercial. 

Commercial | sells insurance products to small and medium-sized companies in
Denmark and Norway. 

Corporate | sells insurance products to corporate customers under the 'Tryg'
brand in Denmark and Norway and the 'Moderna' brand in Sweden. 

The change to the portfolio split between Commercial and Corporate means that
the limit as to when a business customer belongs to Corporate is at least 100
employees and a turnover of DKK 100m. Previously the limit was 50 employees or
an annual premium of DKK 900,000. 

The enclosed tables for 2009-2013 outline the pro forma quarterly comparison
figures for Tryg's new portfolio division. (excel sheet can be downloaded at

Additional information:

For further information, visit tryg.com or contact;

  -- IR Director, Lars Moeller on +45 22 66 66 05 or lars.moeller@tryg.dk
  -- IR Manager, Peter Brondt on +45 22 75 89 04 or peter.brondt@tryg.dk

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associated documents


News Source: NASDAQ OMX

25.03.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

Language:           English
Company:            Tryg A/S
                    . .
Phone:              .
Fax:                .
E-mail:             .
Internet:           .
ISIN:               DK0060013274
Category Code:      MSC
TIDM:               0GBV
Sequence Number:    1958
Time of Receipt:    March 25, 2014 13:26:25
End of Announcement                             DGAP News-Service
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