Topdanmark A/S : Q1-Q3 2022 Koncern hoved- og nøgletal på kvartaler (Excel) (27 KB)

UK_FH 2018-2022_09

Topdanmark Group
Financial highlights
Q1	Q2	H1	Q3	Q1-Q3	Q4	Full year	Q1	Q2	H1	Q3	Q1-Q3	Q4	Full year	Q1	Q2	H1	Q3	Q1-Q3	Q4	Full year	Q1	Q2	H1	Q3	Q1-Q3	Q4	Full year	Q1	Q2	H1	Q3	Q3
(DKKm)	2018	2018	2018	2018	2018	2018	2018	2019	2019	2019	2019	2019	2019	2019	2020	2020	2020	2020	2020	2020	2020	2021	2021	2021	2021	2021	2021	2021	2022	2022	2022	2022	2022
Premiums earned:
Non-life insurance	2,273	2,300	4,574	2,313	6,886	2,249	9,135	2,333	2,358	4,691	2,359	7,050	2,347	9,397	2,390	2,428	4,817	2,428	7,245	2,487	9,732	2,500	2,542	5,042	2,534	7,575	2,579	10,154	2,428	2,462	4,890	2,494	7,385
Life insurance	2,480	2,362	4,842	2,305	7,147	2,964	10,111	2,797	2,169	4,966	3,148	8,114	2,991	11,106	3,090	2,905	5,995	2,411	8,406	2,575	10,981	2,688	2,535	5,222	2,393	7,616	2,744	10,360	0	0	0	0	0
4,753	4,662	9,415	4,618	14,033	5,213	19,247	5,130	4,527	9,657	5,507	15,164	5,338	20,502	5,480	5,333	10,812	4,839	15,651	5,062	20,713	5,187	5,077	10,264	4,927	15,191	5,323	20,514	2,428	2,462	4,890	2,494	7,385
Results:
Non-life insurance	291	368	659	505	1,164	256	1,420	445	384	829	285	1,114	486	1,601	-201	471	270	383	653	648	1,302	651	569	1,220	376	1,597	677	2,274	153	213	366	371	737
Life insurance	44	62	106	77	182	45	228	111	109	219	72	291	36	327	-49	24	-25	69	44	74	117	190	68	258	113	371	132	503	0	0	0	0	0
Parent company etc.	9	5	15	10	24	30	54	8	9	17	13	30	29	60	8	9	17	8	25	9	34	-5	2	-2	-16	-18	-17	-35	-15	-17	-32	-16	-49
Profit before tax	344	435	779	592	1,371	331	1,702	564	502	1,066	371	1,436	551	1,987	-242	504	262	460	722	731	1,453	836	639	1,476	474	1,950	792	2,742	138	196	334	355	688
Tax	-77	-90	-166	-133	-300	-71	-371	-125	-110	-235	-86	-321	-120	-441	49	-115	-66	-103	-169	-159	-329	-202	-117	-319	-118	-437	-167	-604	-33	-38	-71	-82	-152
Profit after tax, discontinued operations	10	107	117	-14	103
Profit	267	345	613	459	1,071	259	1,331	439	391	831	285	1,115	431	1,547	-193	389	196	357	553	571	1,124	635	522	1,157	356	1,513	625	2,138	115	265	380	259	639
Run-off profits, net of reinsurance	62	73	135	75	210	143	353	168	89	257	86	343	90	433	50	31	81	33	114	50	164	53	60	114	46	160	45	205	47	42	89	43	132
Shareholders' equity of parent company 1 January	6,497	6,835	6,497	5,578	6,497	6,048	6,497	6,322	6,827	6,322	5,969	6,322	6,251	6,322	6,703	6,547	6,703	6,218	6,703	6,598	6,703	7,185	6,107	7,185	6,659	7,185	7,040	7,185	7,705	4,836	7,705	5,137	7,705
Profit	267	345	613	459	1,071	259	1,331	439	391	831	285	1,115	431	1,547	-193	389	196	357	553	571	1,124	635	522	1,157	356	1,513	625	2,138	115	265	380	259	639
Dividend paid	0	-1,710	-1,710	0	-1,710	0	-1,710	0	-1,350	-1,350	0	-1,350	0	-1,350	0	-765	-765	0	-765	0	-765	-1,800	0	-1,800	0	-1,800	0	-1,800	-3,105	0	-3,105	0	-3,105
Dividend own shares	0	73	73	0	73	0	73	0	50	50	0	50	0	50	0	24	24	0	24	0	24	48	0	48	0	48	0	48	65	0	65	0	65
Share-based payments	71	34	105	12	116	14	131	66	50	116	12	127	21	148	36	24	60	22	82	16	98	40	30	70	25	95	39	133	56	36	92	17	109
Other movements in shareholders' equity	0	0	1	0	1	0	1	0	0	1	-14	-14	0	-14	0	0	1	0	1	0	1	-1	0	-1	0	-1	2	0	0	-55	1	0	1
Shareholders' equity of parent company end of period	6,835	5,578	5,578	6,048	6,048	6,322	6,322	6,827	5,969	5,969	6,251	6,251	6,703	6,703	6,547	6,218	6,218	6,598	6,598	7,185	7,185	6,107	6,659	6,659	7,040	7,040	7,705	7,705	4,836	5,081	5,137	5,414	5,414
Deferred tax on security funds	-306	-306	-306	-306	-306	-306	-306	-306	-306	-306	-306	-306	-306	-306	-306	-306	-306	-306	-306	-306	-306	-306	-306	-306	-306	-306	-306	-306	-306	-362	-362	-362	-362
Shareholders' equity of Group end of period	6,529	5,272	5,272	5,742	5,742	6,016	6,016	6,521	5,663	5,663	5,945	5,945	6,397	6,397	6,241	5,912	5,912	6,292	6,292	6,879	6,879	5,801	6,353	6,353	6,734	6,734	7,399	7,399	4,530	4,719	4,775	5,052	5,052
Total assets, parent company	7,523	6,204	6,780	6,873	7,402	6,601	6,984	7,274	7,235	6,730	7,194	7,785	6,928	7,394	7,888	8,233	5,679	5,706	6,059
Total assets, group	83,940	83,268	85,511	83,224	91,735	93,041	96,258	98,442	93,704	99,635	102,508	109,288	112,977	115,683	115,028	120,368	117,933	109,937	107,102
Provisions for insurance and investment contracts:
Non-life insurance	17,995	17,521	17,012	16,056	18,191	17,748	17,237	16,175	17,850	17,488	17,215	16,462	18,285	17,801	17,698	17,102	15,932	14,895	13,986
Life insurance	54,987	55,337	57,983	56,519	61,674	64,458	67,520	70,603	64,424	71,023	73,867	79,335	82,743	85,115	85,748	89,593	0	0	0
Discontinued operations	90,004	83,154	80,578
Ratios non-life insurance
Gross claims ratio	63.9	70.6	67.3	66.5	67.0	63.9	66.2	61.2	61.6	61.4	67.7	63.5	70.0	65.1	70.8	62.3	66.5	72.2	68.4	64.8	67.5	68.2	65.7	66.9	70.0	67.9	64.6	67.1	68.8	61.5	65.1	60.5	63.6
Net reinsurance ratio	4.0	-1.0	1.5	0.7	1.2	1.2	1.2	1.8	3.7	2.7	3.1	2.8	1.4	2.5	1.7	2.7	2.2	2.6	2.3	3.5	2.6	0.9	-0.1	0.4	1.0	0.6	1.7	0.9	1.4	1.5	1.5	4.6	2.5
Claims ratio, net of reinsurance	67.9	69.6	68.8	67.2	68.2	65.0	67.5	63.0	65.3	64.1	70.7	66.4	71.5	67.6	72.5	65.0	68.7	74.8	70.8	68.3	70.1	69.1	65.6	67.3	71.0	68.5	66.3	68.0	70.2	63.0	66.6	65.1	66.1
Gross expense ratio	17.3	16.2	16.8	14.3	16.0	16.7	16.1	17.1	16.1	16.6	14.2	15.8	16.8	16.0	17.2	16.4	16.8	15.0	16.2	16.7	16.3	16.8	15.7	16.3	14.8	15.8	15.5	15.7	16.6	16.4	16.5	15.0	16.0
Combined ratio	85.2	85.9	85.5	81.6	84.2	81.7	83.6	80.1	81.4	80.7	84.9	82.1	88.3	83.7	89.8	81.3	85.5	89.8	87.0	85.1	86.5	85.9	81.2	83.6	85.7	84.3	81.8	83.7	86.9	79.4	83.1	80.1	82.1
Combined ratio excl. run-off profits	88.0	89.0	88.5	84.8	87.3	88.1	87.5	87.3	85.1	86.2	88.6	87.0	92.1	88.3	91.9	82.6	87.2	91.2	88.5	87.1	88.2	88.0	83.6	85.8	87.6	86.4	83.6	85.7	88.8	81.1	84.9	81.9	83.9
In 2018, the classification of insurance and investment contracts in life insurance has been subject to reassessment by Topdanmark Group. The change affects the line gross premiums in life insurance and change in the life insurance provisions. Profit is unchanged. Comparative figures have been adjusted.
From Q1 2022, the result from Topdanmark Liv Holding Group is presented in the line Profit after tax, discontinued operations.
Assets in Topdanmark Liv Holding Group are presented as assets held for sale, and the liabilities in the line liabilities related to assets held for sale.