Announcement of guidance for 2026. Strong performance in 2025 leads to distribution of DKK 2.4 billion

Core Insights - The company exceeded its financial targets for 2025, achieving an insurance service result of DKK 1.91 billion against a target of DKK 1.85 billion [1] - The combined ratio for the year was 83.7, indicating strong operational efficiency [1] - The investment result was DKK 0.34 billion, which is considered highly satisfactory [1] Financial Distribution - The Board of Directors recommends an ordinary dividend of DKK 0.66 per share, totaling DKK 0.9 billion for the 2025 financial year [3] - A new share buyback program is planned for DKK 1.5 billion, with DKK 1.0 billion classified as extraordinary [3] - The overall distribution corresponds to a payout ratio of 98% for 2025, with an SCR ratio of 193% after accounting for the expected distribution [3] Future Guidance - The company expects to achieve an insurance service result of DKK 1.65-1.85 billion in 2026, excluding run-off gains or losses [4] - The expense ratio is anticipated to be around 17%, with a combined ratio excluding run-offs projected at 84.5-86.5 [5] - The consolidated profit before tax is expected to be between DKK 1.85-2.05 billion, excluding other income and expenses [5] Strategic Outlook - The company aims to simplify customer interactions and enhance its position as a focused Danish non-life insurer [7] - The new strategy period is set to unfold potential benefits for both customers and shareholders, with ambitious targets set until 2028 [7]