Strong start to the year with growth in premiums earned and technical result
January–March 2022*
- Gross written premiums increased 25 per cent to KSEK 270,081 (215,863)
- Premiums earned, net of reinsurance increased 14 per cent to KSEK 268,594 (234,847)
- Technical result increased 12 per cent to KSEK 33,432 (29,864)
- The combined ratio was 88.4 per cent (87.9)
- Result of asset management declined to KSEK -14,167 (23,957) and total return to -1 per cent (2.1)
- Profit after tax declined to KSEK 13,013 (40,355)
- Basic and diluted earnings per share declined to SEK 0.65 per share (2.02)
Teleconference in connection with publication of the interim report
In connection with the publication of the interim report, CEO Marcus Tillberg and CFO Sofia Andersson will hold a teleconference on 27 April 2022 at 10:00 a.m. CEST. To participate in the conference, call +46850558365 or click on the following link https://tv.streamfabriken.com/solid-q1-2022. Presentation material will be available on Solid’s website: https://corporate.solidab.se/en/investors/reports-and-presentations/
Interim reports
The complete interim report for January to March 2022 will be available on https://corporate.solidab.se/en/investors/reports-and-presentations/
* Some performance measures stated in this section have not been prepared in accordance with IFRS or the Solvency II regulations, which means that they are “alternative performance measures”. The calculations and reconciliation against information in the financial statements of these performance measures are presented on the website under “Financial statements”. Definitions of performance measures are presented on the company’s website. Changes and comparative figures on this page and elsewhere in this interim report refer to the same period last year. All amounts are presented in KSEK unless otherwise stated.