Gross claims ratio of Tryg A/S 2008-2023
The gross claims ratio of the Danish non-life insurance company Tryg A/S fluctuated over the period from 2008 to 2023. The lowest ratio recorded during the time period under observation was in 2016, when it stood at 65.6 percent. The ratio measures the claims costs in relation to the company's premium income, and a low ratio indicates profitability of the company. As of 2023, the gross claims ratio of Tryg A/S had increased from the lowest point in 2016 to reach 68 percent.