Core Viewpoint - Tryg is preparing for its Q3 2025 results release on 10 October, with pre-close analyst calls starting on 25 September to discuss key factors influencing recent financial performance [1] Insurance Revenue Growth - Tryg's insurance revenue is well-distributed across Scandinavia, with approximately 50% from Denmark, 30% from Sweden, and 20% from Norway. In Q3 2024, insurance revenue reached DKK 9,786 million [2] Revenue Development - The group reported a local currency revenue growth of 4.0% in Q2 2025. Q3 2024 included a positive one-off of approximately DKK 50 million in insurance revenue. The expected average conversion rates are SEK 100 to DKK 67.1 and NOK 100 to DKK 63.3 [3] Claims Environment - Tryg's underlying claims ratio was 67.3% in Q3 2024, with expectations for stable to slightly improving performance towards 2027. The underlying claims ratio improved by 30 basis points in Q1 2025 and Q2 2025, with private claims ratios improving by 10 and 20 basis points respectively [4] Weather and Large Claims - Normalized weather claims for Q3 are expected to be DKK 160 million, which is 20% of the annual guidance of DKK 800 million. The distribution of weather claims is 40% in Q1, 10% in Q2, 20% in Q3, and 30% in Q4 [5] Interest Rates Development - The expected discount rate for Q3 is approximately 2.4%, consistent with Q2 2025 [6] Run-off Expectations - Tryg anticipates a long-term run-off expectation of around 2% towards 2027 [7] Investment Activities - Tryg's investment activities are divided into a match portfolio of approximately DKK 45 billion and a free portfolio of approximately DKK 15 billion. The free portfolio has been derisked and mainly consists of Scandinavian covered bonds and government bonds [8] Return on Investment - The match portfolio's return is expected to yield DKK 65 million per quarter, while 'Other financial income and expenses' is guided at DKK -90 million per quarter [9] Other Income and Costs - Other income and costs are guided between DKK -350 million and DKK -370 million quarterly, primarily due to amortization of intangibles from the RSA Scandinavia acquisition, with an additional FX-related impact of approximately DKK 15 million [11] Number of Shares - As of the end of Q2 2025, Tryg reported 603,076 outstanding shares, with no material changes expected [12] Outlook Statement - Tryg aims for its highest ever insurance service result of DKK 8.0-8.4 billion by 2027, following an adjusted insurance service result of around DKK 7.2 billion in 2024 [13]

Core Viewpoint - Shenzhen Yunxiang Guoyun Industrial Investment Development Co., Ltd. has been established with a registered capital of 10 million RMB, indicating a new player in the investment sector [1] Company Summary - The legal representative of the company is Zhou Xiaojie [1] - The shareholders are Guangdong Yunxiang Technology Operation Co., Ltd. holding 51% and Shenzhen Haipaigou Digital Technology Co., Ltd. holding 49% [1] - The company operates in various sectors including investment activities, cultural and artistic exchanges, marketing planning, consulting services, property management, and technology services [1] Business Scope - The general business scope includes investment activities, cultural and artistic exchange organization, corporate image planning, market marketing planning, project planning and public relations services, and various consulting services [1] - The company is also involved in real estate services, technology development, digital creative product exhibitions, software development, and retail of various products including electronics, toys, and clothing [1] - The licensed business projects include construction engineering design, intelligent system design, and food sales, which require approval from relevant authorities [1]

Core Insights - Southern Investment Development (Guangdong) Co., Ltd. has been established with a registered capital of 5 million RMB, fully owned by Yingfu Bao Group Co., Ltd. [1] Company Overview - The legal representative of Southern Investment Development (Guangdong) Co., Ltd. is Ou Gaolin [1] - The company is classified as a limited liability company (wholly owned by a legal person) [1] - The business scope includes brand management, bidding agency services, investment activities with self-owned funds, social and economic consulting services, asset evaluation, financial consulting, supply chain management services, enterprise management, and various technical services [1] Shareholding Structure - Yingfu Bao Group Co., Ltd. holds 100% of the shares in Southern Investment Development (Guangdong) Co., Ltd. [1] Business Activities - The company is involved in venture capital limited to investments in unlisted enterprises, financial institution entrusted services for overdue credit reminders, and information technology and process outsourcing services [1] - The operational address is located at Room C205-137, No. 1331 Nanzhou Road, Haizhu District, Guangzhou [1] - The business registration is valid until August 8, 2025, with no fixed term thereafter [1]

Group 1 - Hunan Tai Neng Asset Management Co., Ltd. has been established with a registered capital of 20 million RMB, fully owned by Hunan Youzhou Investment Development Group Co., Ltd. [1] - The legal representative of Hunan Tai Neng Asset Management Co., Ltd. is Gu Jie [1]. - The company is located in Yuxian, Zhuzhou City, Hunan Province, at No. 71, Gongqiao Group, Fuxing Community, Lianxing Street, 3rd Floor, Room 312 [2]. Group 2 - Hunan Youzhou Investment Development Group Co., Ltd. holds a 100% stake in Hunan Tai Neng Asset Management Co., Ltd. [2]. - The business scope of Hunan Youzhou Investment Development Group includes asset management services, investment activities, marketing planning, property management, and various environmental protection services [2]. - The company is classified under the financial industry, specifically in capital market services [2].

Core Viewpoint - Tryg is preparing for its Q2 2025 results release on July 11, 2025, and is conducting pre-close analyst calls to inform capital market participants about key factors influencing its recent financial performance [1] Insurance Revenue Growth - Tryg's insurance revenue is well-distributed across Scandinavia, with approximately 50% from Denmark, 30% from Sweden, and 20% from Norway. In Q2 2024, the company reported insurance revenue of DKK 9,545 million [2] Revenue Development - The commercial segment is expected to have a smaller spillover effect into 2025 due to the derisking of the corporate portfolio in 2024. Tryg reported a growth of 3.7% in local currencies for Q1 2025 [3] Claims Environment - Tryg's underlying claims ratio was 66.8% in Q2 2024, with expectations for stable to slightly improving performance towards 2027. The underlying claims ratio improved by 30 basis points in Q1 2025 [4] Weather Claims - Normalized weather claims for Q2 are expected to be DKK 80 million, which is 10% of the annual guidance of DKK 800 million. The quarterly distribution of weather claims is 40% in Q1, 10% in Q2, 20% in Q3, and 30% in Q4 [5] Large Claims - Tryg provides guidance for large claims of DKK 800 million annually, distributed evenly across quarters [6] Interest Rates Development - The expected discount rate for Q2 is approximately 2.5%, up from 2.3% in Q1 2025 [7] Run-off Expectations - Tryg has a long-term run-off expectation of approximately 2% towards 2027 [8] Investment Activities - Tryg's investment activities are divided into a match portfolio of approximately DKK 46 billion and a free portfolio of approximately DKK 16 billion as of Q1 2025. The free portfolio has been derisked and mainly consists of Scandinavian covered bonds and government bonds [9] Other Income and Costs - Other income and costs are guided between DKK -350 million and DKK -370 million quarterly, primarily driven by amortization of intangibles related to the RSA Scandinavia acquisition [11] Number of Shares - As of the end of Q1 2025, Tryg had 607,059,826 outstanding shares, with a total of 4,091,106 shares bought back in Q2, reducing the number of outstanding shares [12] Outlook Statement - Tryg aims for its highest ever insurance service result of DKK 8.0-8.4 billion by 2027, following an insurance service result of around DKK 7.2 billion in 2024 [13]