Largest non-life insurance companies in Denmark Q1 2022, by market share

The Danish non-life insurance company Tryg was the leading company on the Danish non-life insurance market as of early 2022. The company had at that point a market share of about 23 percent, followed by Topdanmark, Codan, and Alm. Brand. During that period, Tryg's revenue in gross premiums written of almost four billion Danish kroner.

Tryg’s markets

   Although Tryg’s largest market is domestic, the company also operates in the other Scandinavian countries and the Swedish market is the second largest. Their gross premium income from the Danish market in 2022 reached around 15.6 billion Danish kroner, while the Swedish market generated around 9.7 billion.

Is Tryg a profitable company?

   Tryg’s combined ratio was below 100 over the past decade. Their combined ratio was relatively stable. In 2022, the ratio was 82.2 percent, which was slightly below the previous year.