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Gross claims ratio of Codan Forsikring A/S 2012-2019

The gross claims ratio of the Danish insurance company Codan Forsikring A/S varied over the period from 2012 to 2019, with the lowest ratio in 2016 when it was 63.9 percent. The ratio measures the claims costs in relation to the company's premium income, and a low ratio indicate profitability of the company. In 2019, the gross claims ratio of Codan had increased from the lowest point in 2016, amounting to 69 percent.

Gross claims ratio of Codan Forsikring A/S from 2012 to 2019

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Source

Release date

March 2020

Region

Denmark

Survey time period

2012 to 2019

Supplementary notes

Values prior to 2015 taken from previous reports.

Figures for 2012 and 2013 have been restated to reflect the merger with Trygg-Hansa Försäkrings AB.

Figures for 2015 have been restated to reflect the change in accounting policy.

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Statistics on "Non-life insurance market in Denmark "

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