Danica Pension

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Danica Pension is a Danish life and health insurance company . The Lyngby- based company has been part of Danske Bank since 1995 .

history

In 1842, the state-owned Livrente- og Forsørgelsesanstalten, the first life insurer in Denmark, was founded. In 1893 the company changed its name to Livsforsikrings Anstalten i Kjøbenhavn . In early 1990, the Danish government decided to privatize the company, which from now on as Statsanstalten Holding A / S changed its name. In September of that year, the insurance group Baltica took over the majority of the shares in the company, which was renamed Danica in the summer of 1991 . After Baltica was acquired by Danske Bank in November 1994, the bank sold the property insurance business of the insurance group to the insurer Tryg , while the property insurance business operated under the name Danica initially remained in the banking group. In 1999 this was also sold, the buyer was the insurer Topdanmark . Since from then on only the life insurance business was operated, the insurer in the banking group was then renamed Danica Pension .

Business activity

Danica operates life and health insurance businesses, with a focus on old-age provision. The company operates through subsidiaries in Denmark, Norway and Sweden . In 2014 more than 800 people were employed who looked after over 600,000 customers. The balance sheet total on December 31, 2013 was 327.5 billion Danish kroner .

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