The Supreme Court in Copenhagen upheld a ruling in a case regarding loss of earning capacity, which could risk costing employers and insurance companies dearly, it is reported. (Archive photo). Photo: Ida Marie Odgaard/Ritzau Scanpix
Insurance stocks fall after Supreme Court ruling
Shares in Tryg and Alm. Brand fell following a Danish Supreme Court ruling allowing compensation for loss of earning capacity below 15%. This decision overturns a practice established since 1978.
In response, Tryg has announced a one-off provision of 1.2 billion DKK for additional claims, while...
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