Below are the financial statements of Topdanmark, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of DKK | 2024 | 2023 |
|---|---|---|
| Gross premiums written | 10,675a | 9,956a |
| Ceded reinsurance premiums | -746a | -691a |
| Change in the provisions for unearned premiums | 242a | 645a |
| Change in profit margin and risk margin | 2a | -303a |
| Change in the reinsurers' share of the provisions for unearned premiums | -25a | -14a |
| Premiums earned, net of reinsurance | 10,148a | 9,593a |
| Claims paid | -7,098a | -6,578a |
| Reinsurance cover received | 415a | 360a |
| Change in the provisions for claims | -143a | -412a |
| Change in risk margin | -8a | -4a |
| Change in reinsurers' share of the provisions for claims | -73a | 13a |
| Claims incurred, net of reinsurance | -6,621a | -6,613a |
| Bonuses and rebates | -18a | -78a |
| Acquisition costs | -1,155a | -1,120a |
| Administrative expenses | -751a | -690a |
| Intra-group reimbursements | 57a | 49a |
| Reinsurance commission and share of profits | 93a | 90a |
| Insurance operating expenses, net of reinsurance | -1,756a | -1,671a |
| Technical result | 1,753a | 1,231a |
| Income from affiliates | -7a | 22a |
| Income from associates | 47a | 7a |
| Interest income and dividends etc. | 531a | 490a |
| Value adjustments | 362a | 519a |
| Interest charges | -107a | -115a |
| Expenses on investment activities | -49a | -52a |
| Total investment return | 776a | 872a |
| Return and value adjustments of non-life insurance provisions | -527a | -613a |
| Investment return after return and value adjustments of technical provisions | 249a | 259a |
| Other income | 17a | 6a |
| Other expenses | -835a | -53a |
| Pre-tax profit | 1,185a | 1,443a |
| Taxation | -347a | -358a |
| Profit | 837a | 1,085a |
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