Risk management
Risk management is an integral part of Tryg's business operations.
We continuously seek to minimise the risk of unnecessary losses in order to optimise returns relative to the capital available in the company.
Risk management environment
The Executive Management's responsibility for the overall risk and capital management is handled in a risk management environment, in which seperate committees handle the areas of:
- underwriting and reinsurance
- provisioning
- investments
- operational risk and security
Risk management is supported by Tryg's internal capital model, which has been developed on an ongoing basis over the past ten years. In addition, we make an annual mapping of risk to identify new risks that cannot currently be assessed using statistical analyses.
Such data is complied in a risk database, forming the basis for an annual risk report to the Executive Management and the Supervisory Board. The assessment of selected risk scenarios based on this work is incorporated directly in the Group's calculation of the necessary solvency need (Individual Solvency Need).
