Tryg — Mediated Wiki

{{Short description|Insurance company}} {{Infobox company |name = Tryg A/S |logo =Tryg logo.svg |logo_size =250px |type = [[Public company|Publicly traded]] [[Aktieselskab]] |traded_as = {{OMX|CSE31315|TRYG}} |slogan = |foundation = {{start date and age|2002}} |founder = |location = [[Copenhagen]], [[Denmark]] |key_people = [[Morten Hübbe]] [[Chief executive officer|CEO]] |area_served = [[Northern Europe]] [[Central Europe]] [[Eastern Europe]] [[Israel]] [[Turkey]] [[Russia]] [[Greece]] [[Cyprus]] [[Caucasus]] [[Central Asia]] [[Pakistan]] [[Vietnam]] |owner = |num_employees = |industry = [[Insurance]] |products = General insurance services |market cap = |revenue = |operating_income = |net_income = |assets = |equity = |homepage = [http://www.tryg.com/en/home/index.html www.tryg.com] }} '''Tryg A/S''' is a [[Scandinavia]]n [[insurance|insurance company]] present in [[Denmark]], [[Norway]], [[Sweden]] and [[Finland]]. The company is the largest provider of general insurance services in the [[Nordic countries]] and is listed on [[Nasdaq OMX Copenhagen]].<ref>{{cite web|url=http://www.tryg.com/en/about-tryg/index.html|title=About Tryg|publisher=Tryg|access-date=2012-05-11}}</ref>

==History== The current company was created in 2002 through the merging of Tryg Forsikring and [[Nordea]]'s insurance activities. The company was listed on the Copenhagen stock exchange in October 2005.<ref>{{cite web|url=http://epn.dk/borsdata/virksomheder/vs_194/#|title=Tryg|publisher=epn.dk|access-date=2012-05-11}}</ref> Tryg Forsikring traced its history back to the foundation of [[Kjøbenhavns Brandforsikring]] in 1731.

Morten Hübbe replaced Stine Bosse as CEO on 1 February 2011.<ref>{{cite web|url=http://npinvestor.dk/nyheder/tryg-udnaevner-ny-adm-direktoer-218293.aspx|title=Tryg udnævner ny adm direktør|language=Danish|publisher=NP Investor|access-date=2012-05-11}}</ref>

In November 2020, Canadian insurer [[Intact Financial|Intact Financial Corporation]] and Tryg announced a joint offer to acquire [[RSA Insurance Group]]. This would represent an approximately £7.2 billion transaction with Intact paying £3.0 billion and Tryg paying £4.2 billion. Intact would retain RSA's Canada and UK & International operations and obligations, Tryg would retain RSA's Sweden and Norway operations, and Intact and Tryg would co-own RSA's Denmark operations.<ref>{{Cite web|title=RSA Insurance Group Plc ("RSA") further Statement Regarding Proposal|url=https://otp.tools.investis.com/clients/dk/trygvesta1/omx/omx-story.aspx?cid=459&newsid=71746&culture=en-US|access-date=2021-03-13|website=otp.tools.investis.com}}</ref> The closing of the acquisition is expected to occur in the second quarter of 2021 subject to receipt of approval from the relevant regulatory and antitrust authorities and the satisfaction or (where capable of waiver) waiver of other conditions to closing.

In May 2022, it was announced Tryg and [[Intact Financial]] had sold their Codan Forsikring A/S's Danish subsidiary ― Codan Denmark to [[Alm. Brand|Alm. Brand A/S Group]].<ref>{{Cite web |date=2022-05-11 |title=ALM. Brand acquires Codan DK, announces management appointments - Reinsurance News |url=https://www.reinsurancene.ws/alm-brand-acquires-codan-dk-announces-management-appointments/ |access-date=2022-05-11 |website=ReinsuranceNe.ws |language=en}}</ref>

==References== {{Reflist}}

==External links== * [http://www.tryg.com/en/home/index.html Official website]

[[Category:Insurance companies of Denmark]] [[Category:Insurance companies of Norway]] [[Category:Insurance companies of Sweden]] [[Category:Insurance companies of Finland]] [[Category:Financial services companies based in Copenhagen]] [[Category:Companies based in Ballerup Municipality]] [[Category:Danish companies established in 2002]] [[Category:Financial services companies established in 2002]] [[Category:2005 initial public offerings]] [[Category:Companies listed on Nasdaq Copenhagen]] [[Category:Companies in the OMX Copenhagen 25]]