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Analysts bullish on Tryg's Q1 prospects

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Analysts at Berenberg Bank have said they expect Nordic insurer Tryg to post a combined ratio of 91.1% for the first quarter, on the back of benign winter weather across Scandinavia and favourable investment markets.

In a note ahead of the publication of Tryg's Q1 results, the Berenberg team forecast an improved Q1 loss ratio of 76.0% (Q1 2012: 77.2%), saying they did not expect a repeat of the fall in bond yields

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