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StocksMediumUpdated•Originally published 28 April 2026•Updated 28 April 2026•

1 min read

Alm. Brand Group Issues 2026 Profit Warning Following Supreme Court Ruling on Workers' Comp

Key Facts

1Alm. Brand Group raised its guidance for the insurance service result for Q2-Q4 2026 by DKK 150 million.

2The company now expects an insurance service result between DKK 1.8-2.0 billion, excluding run-off gains or losses.

about 1 month ago

Version History

Version 1about 1 month ago

What changed: Updated the story from a guidance raise to a profit warning due to a Supreme Court ruling on workers' compensation thresholds.

Alm. Brand Group has issued a profit warning for 2026, reversing its previous optimistic outlook following a significant ruling by the Supreme Court. The court decision pertains to workers' compensation, lowering the threshold for lost earnings capacity compensation to 5% from the previous 15%. This legal shift is expected to necessitate a strengthening of reserves, directly impacting the insurance service results which were previously guided at DKK 1.8-2.0 billion. The warning overshadows the robust performance initially reported in the group's Commercial Lines during the first quarter. Analysts are now assessing the long-term financial implications of this increased liability on the company's balance sheet. This development highlights the regulatory and legal risks currently facing the Danish insurance sector.