TryghedsGruppen is the majority owner of the insurance company Tryg and it funds TrygFonden. We create value and peace of mind through long-term investments and philanthropic donations to benefit the public good
At the end of 2013, we administered assets totaling DKK 40 bn. These assets are based on our ownership of Tryg, our direct investments in companies and our capital management. We use part of our profit to create peace of mind for the citizens of Denmark through TrygFonden, which annually donates more than half a billion DKK. Every year, TrygFonden supports more than 700 projects for the common good throughout Denmark. From lifeguard towers to visiting dogs for the elderly at nursing homes and disease-prevention research. Focus areas are safety, health and wellbeing. The projects centre on finding solutions to societal challenges related to creating peace of mind.
Value and peace of mind through generations of insurance
The history of the insurance company Tryg goes back more than 280 years, in which Tryg has created peace of mind and value for generations of Danes. Today, the company is Denmark’s largest general insurer and the second-largest insurance company in Scandinavia, with more than three million customers in Denmark, Norway and Sweden. Approximately 3,600 employees are working to make Tryg nothing short of the world’s best insurance company. Since the listing of Tryg A/S on the NASDAQ OMX Copenhagen stock exchange in October 2005, TryghedsGruppen has owned 60% of Tryg.
Long-term investmentsTryghedsGruppen has a long-term responsibility to the Danish society. This applies for our work for the common good through TrygFonden as well as for our ownership of Tryg. We make long-term investments in several classes of assets, including shares and bonds. Our investments are subject to strict ethical requirements and are regularly reviewed by external experts.
TryghedsGruppen owns 49 % of the fitness group Health & Fitness Nordic and 40 % of Falck Healthcare.
Health & Fitness Nordic is a result of a merger of the strongest and most respected brands within fitness: SATS and ELIXIA. The company is the largest fitness group in Scandinavia with almost half a million members and a turnover of more than DKK 2.5 bn.
In June 2014 TryghedsGruppen’s two healthcare providers: Previa and Quick Care merged with Falck Healthcare. This made Falck Healthcare the largest Scandinavian provider of services that reduce absence from work due to sickness and help people gain access to rehabilitation services following a period of sickness. At the same time, TryghedsGruppen became a shareholder in Falck Holding A/S.
Dynamic membership democracy
TryghedsGruppen is one of Denmark’s largest member-based companies, with more than one million members and a very active democracy among the membership. Policyholders with Tryg automatically become members. Members can take part in electing regional representatives for TryghedsGruppen Committee of Representatives and they can also stand for candidates themselves. Elections are held once a year and rotate between the five Danish regions. The 70 members of the Committee of Representatives have influence on donations by TrygFonden and on TryghedsGruppen’s articles of association, strategies, investments and the composition of the Board of Directors. Management of TryghedsGruppen takes place as interplay between the three management levels: the Committee of Representatives, the Board of Directors and the Executive Management.
- At the end of 2014 total assets amounted to about DKK 40 bn.
- 20 % return on equity
- 60 % of the insurance company Tryg A/S is owned by TryghedsGruppen
- 2,7 mill. people from Denmark, Norway and Sweden are customers of Tryg A/S
- TrygFonden’s annual donations DKK amount to 1/2 bn.