Core Insights - The Danish FSA has approved Alm. Brand A/S's application for the use of the Partial Internal Model (PIM) for its total insurance activities, which is expected to reduce the solvency capital requirement by approximately DKK 0.6 billion [1] Group 1: Approval and Impact - The approval of the Partial Internal Model is a significant development for Alm. Brand A/S, as it allows for a more tailored approach to calculating solvency capital requirements [1] - The reduction in solvency capital requirement aligns closely with previous expectations, which anticipated a decrease of about DKK 0.5 billion [1] - The PIM expansion includes insurance activities from Codan, acquired on May 2, 2022, which were previously calculated using the standard formula under Solvency II regulation [1]