Revenue by Segment

Financials in millions DKK. Fiscal year is January - December.

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Non-Life - Commercial	5.56B	5.41B	5.26B	5.29B	2.63B
Non-Life - Commercial Growth	2.87%	2.77%	-0.55%	101.45%	3.88%
Non-Life - Personal	6.23B	5.67B	5.27B	4.27B	2.55B
Non-Life - Personal Growth	9.73%	7.71%	23.31%	67.73%	-1.43%
Unallocated IFRS 3 Adjustments	1.47B	1.79B	2.57B	2.70B	-
Unallocated IFRS 3 Adjustments Growth	-17.64%	-30.40%	-4.89%	-	-
Elimination	-55.00M	-78.00M	-73.00M	-19.00M	-1.00M
Unallocated Interest Income and Dividens	236.00M	215.00M	271.00M	145.00M	85.00M
Unallocated Interest Income and Dividens Growth	9.77%	-20.66%	86.90%	70.59%	-34.62%
Other	121.00M	138.00M	121.00M	20.00M	29.00M
Other Growth	-12.32%	14.05%	505.00%	-31.03%	-
Unallocated Value Adjustments	343.00M	933.00M	984.00M	-1.21B	-125.00M
Unallocated Value Adjustments Growth	-63.24%	-5.18%	-	-	-
Unallocated Net Finance Income/Expense from Insurance Contracts	-21.00M	-594.00M	-705.00M	764.00M	-
Unallocated Net Finance Income/Expense from Reinsurance Contracts	1.00M	10.00M	22.00M	-1.00M	-
Unallocated Net Finance Income/Expense from Reinsurance Contracts Growth	-90.00%	-54.55%	-	-	-
Unallocated Other Income	104.00M	99.00M	227.00M	172.00M	72.00M
Unallocated Other Income Growth	5.05%	-56.39%	31.98%	138.89%	-
Unallocated Return on and Value Adjustment of Technical Provisions	-	-	-	-	160.00M
Total	13.99B	13.59B	13.94B	12.14B	5.39B
Total Growth	2.93%	-2.52%	14.89%	125.01%	1.81%

Revenue by Geography

Financials in millions DKK. Fiscal year is January - December.

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Denmark	13.99B	13.58B	13.94B	12.10B	5.39B
Denmark Growth	3.06%	-2.61%	15.17%	124.38%	3.00%
Total	13.99B	13.58B	13.94B	12.10B	5.39B
Total Growth	3.06%	-2.61%	15.17%	124.38%	3.00%

Source: S&P Global Market Intelligence.