Getinge reaches settlements with insurer Trygg-Hansa Försäkring and If Skadeförsäkringar

Getinge announces settlements with Trygg-Hansa Försäkring filial, Swedish branch of Tryg Forsikring A/S, and If Skadeförsäkringar AB (publ), related to insurance compensation for product liability claims regarding surgical mesh products. The settlement agreements were signed today and the settlement compensation amount in total to SEK 450 M.

On November 16, 2020, Getinge AB (publ) and its subsidiaries Atrium Medical Corporation and Maquet Cardiovascular US Sales, LLC filed a lawsuit against the insurer Trygg-Hansa Försäkring filial (former Moderna Försäkringar), Swedish branch of Tryg Forsikring A/S, to secure insurance compensation for costs associated with the product liability claims filed in the US and Canada regarding two different types of surgical mesh products.

On April 29, 2021, a lawsuit was filed against If Skadeförsäkringar AB (publ) regarding similar insurance compensation.

The settlement agreements with Trygg-Hansa Försäkring filial and If Skadeförsäkringar AB (publ) were signed today on September 27, 2023. The settlement compensation amount in total to SEK 450 M and will be paid to Getinge AB (publ) during Q4 2023.

Media contact:

Anna Appelqvist, Corporate Communications
Phone: +46 (0)10 335 5906
E-mail: [email protected]
 

About Getinge

Getinge is a global provider of innovative solutions for operating rooms, intensive-care units, sterilization departments and for life science companies and institutions. Based on our first-hand experience and close partnerships with clinical experts, healthcare professionals and medtech specialists, we are improving the everyday life for people, today and tomorrow.