Topdanmark result hit by storms and Ukraine war

Adrian LadburyApril 27, 2022
Big pink water tube to prevent the storm Malik in frederikssund to flood the city Fredrikssund, Denmark, January 29, 2022
Defences against storm Malik in Fredrikssund, Denmark, January 2022. Credit: Shutterstock/Stig Alenas

Danish insurer Topdanmark, part of the Finnish Sampo group, has reported significantly reduced first-quarter profits because of big losses from storms Malik and Nora that battered Denmark in February and investment losses caused by the Russian invasion of Ukraine.

Topdanmark’s post-tax profit for...

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Adrian LadburyApril 27, 2022
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