Combined ratio of Codan Forsikring A/S 2012-2019
The combined ratio of the Danish insurance company Codan Forsikring A/S decreased for a few years before it was down at the lowest point of 86.1 percent in 2016. The combined ratio is a measure of profitability, and is the sum of incurred losses and expenses divided by the earned premiums. The combined ratio of Codan Forsikring was 87.6 percent in 2019.
