Alm. Brand AS 2022 AR2
The report highlights Alm. Brand Group's performance in 2022, a milestone year marked by the acquisition of Codan's Danish business, which positioned the group as Denmark's second-largest non-life insurance company. Despite challenging financial markets leading to an investment loss of DKK 411 million, the group achieved a technical result of DKK 1,163 million, driven by satisfactory insurance operations and organic growth. The group also launched its first joint product, a comprehensive cyber insurance, and updated its sustainability policy with targets for reducing its climate footprint by 2030.
Company: Alm. Brand AS
Sector: Financials
Country: Denmark
Year: 2022
Type: AR2
Pages: 118
Alm. Brand AS
Annual Report
The report highlights Alm. Brand Group's performance in 2022, a milestone year marked by the acquisition of Codan's Danish business, which positioned the group as Denmark's second-largest non-life insurance company. Despite challenging financial markets leading to an investment loss of DKK 411 million, the group achieved a technical result of DKK 1,163 million, driven by satisfactory insurance operations and organic growth. The group also launched its first joint product, a comprehensive cyber insurance, and updated its sustainability policy with targets for reducing its climate footprint by 2030.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Employees