Combined ratio of non-life insurances of Topdanmark A/S 2008-2021
The combined ratio of the non-life insurance segment of the Danish insurance company Topdanmark A/S fluctuated with a slight upward trend between 2008 and 2021. In 2021, the combined ratio was 83.7 percent - a decrease of almost three percent from the previous year. The combined ratio measures the company's profitability, and is calculated by taking the sum of incurred losses divided by earned premiums. The combined ratio of non-life insurances of Topdanmark A/S peaked in 2010, when it reached over 93 percent.