Danish Supreme Court ruling reshapes workers' comp landscape. Tryg insurance will record a one-off pre-tax charge of DKK 1.2 billion due to a landmark court decision that lowered the earning capacity threshold for compensation from 15% to 5%. This represents a significant departure from four decades of administrative practice. The charge will impact the company's solvency by approximately four percentage points when combined with capital management measures. Despite this substantial hit, Tryg maintains its solvency at solid levels and confirms that ordinary dividend payments and share buyback programs remain unaffected. The company's financial targets for 2027 are unchanged, signaling confidence in its long-term position despite the near-term headwinds from this judicial shift.
