Alm. Brand A/S
ALMB
ISIN DK0015250344 / Valor 83807
Alm. Brand A/S
UMushroom community rating:
About company
Alm. Brand A/S is a prominent Danish insurance group primarily focused on non-life insurance services. The company operates through several key brands, including Alm. Brand, Codan, Privatsikring, and Erhvervssikring, each catering to different segments of the market. Alm. Brand collaborates with various financial institutions such as the Association of Local Banks, Spar Nord, and Nykredit to offer insurance solutions to private customers, while its partnership with Sydbank and real estate agents enhances its bancassurance capabilities. The group serves a diverse clientele, including private individuals, small and medium-sized enterprises, property owners, agricultural customers, and public-sector entities. Codan, a part of the group, has a long-standing history in the Danish insurance market, providing a wide array of insurance products with a particular expertise in wind energy insurance. Erhvervssikring focuses on business insurance and claims prevention, leveraging its bancassurance expertise. With over 700,000 customers, Alm. Brand A/S is one of the largest non-life insurance providers in Denmark, known for its comprehensive service offerings and strategic partnerships.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (20.05.2026):
Alm. Brand A/S — Q1 2026: The company reports a very satisfactory insurance service result for Q1 2026, with an insurance service profit of DKK 496 million (Q1 2025: DKK 337 million) and an improved combined ratio of 83.1 (88.2). Management has raised its guidance for the insurance service result excluding run‑off gains or losses for Q2–Q4 2026 by DKK 150 million to a range of DKK 1.8–2.0 billion, citing underlying improvements in Commercial Lines.
Guidance upgrade
Alm. Brand A/S lifted guidance for the insurance service result excluding run‑off gains or losses for Q2–Q4 2026 by DKK 150 million, to DKK 1.8–2.0 billion.
Q1 2026 insurance service result
The insurance service result in Q1 2026 was a profit of DKK 496 million versus DKK 337 million in Q1 2025.
Combined ratio improvement
The combined ratio improved to 83.1 in Q1 2026 from 88.2 in Q1 2025, indicating better underwriting performance.
Key driver
Management attributes the improvement primarily to underlying improvements in Commercial Lines, supporting the stronger insurance service result.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
3323 M
Market cap (USD)
1,956,211
Daily traded volume (Shares)
14.05 / 13.82
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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