Largest non-life insurance companies in Denmark Q3 2023, by market share

The Danish non-life insurance company Tryg was the leading company on the Danish non-life insurance market as of the third quarter of 2023. The company had at that point a market share of about 25 percent, followed by Topdanmark, Codan, and Alm. Brand. In the first quarter of 2022, 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.