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Nordic P&C insurers delivered stellar underwriting results in 2025

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<title>Nordic P&C insurers delivered stellar underwriting results in 2025
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<namePart>Geer, Joshua </namePart>
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<abstract displayLabel="Summary">The report describes the strong technical performance of the main Nordic non-life insurers in 2025, driven by low claims frequency, sustained premium growth and benign weather conditions. Moody's highlights the reduction of the combined ratio to record levels and the solid capital position under Solvency II. Although premium growth is expected to moderate in 2026, the sector maintains a stable outlook despite a possible normalization of catastrophic losses</abstract>
<note type="statement of responsibility">Joshua Geer</note>
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<topic>Mercado de seguros</topic>
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<topic>Seguros no vida</topic>
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<topic>Resultado técnico</topic>
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<topic>Siniestralidad</topic>
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<topic>Solvencia II</topic>
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<topic>Reaseguro</topic>
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<text>19 February 2026 ; 2 p.</text>
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