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November 28, 2015 9:11 PM ET


Company Overview of DNB Livsforsikring ASA

Company Overview

DNB Livsforsikring ASA provides life insurance and pension products in Norway. It offers defined-benefit pension products; and group pension, group association, individual endowment, and individual annuity and pension insurance. The company also offers group life insurance; individual risk non-life insurance primarily statutory occupational injury insurance and appurtenant coverage; unit-linked insurance; and non-life insurance. It serves companies, municipalities, and public enterprises. The company is based in Bergen, Norway. DNB Livsforsikring ASA operates as a subsidiary of DNB ASA.

Solheimsgaten 7C



411 Employees

Key Executives for DNB Livsforsikring ASA

Managing Director
Age: 49
Director of Finance
Director of Operations & Customer Service
Chief Executive Officer of DNB Group
Age: 55
Chief Actuary and Chief Risk Officer
Compensation as of Fiscal Year 2015.

DNB Livsforsikring ASA Key Developments

Entra In Talks To Acquire Kjøpesenter

Entra ASA (OB:ENTRA) together with a partner is in talks to acquire Oslo City Kjøpesenter As from DNB Livsforsikring ASA. If the transaction is completed the property will be sectioned and Entra will own the office part and 50% of the parking basement, while the rest will be owned by the partner. Total transaction price is estimated to around NOK 5 billion, while Entra's part of transaction is estimated to around NOK 1.7 billion. A share purchase agreement and deal completion is expected within the 2015 end.

Pagoh Education Hub and Pagoh Polytechnic Selects Virtua and Vital

Innovative announced that Malaysia's Pagoh Education Hub (PEH) and Pagoh Polytechnic have selected Virtua and Vital. Their libraries will hold approximately 50,000 and 30,000 items respectively and will be implementing their first automation systems. Both are under construction and are due to open in 2015.

Recent Private Companies Transactions

July 6, 2015
DNB Livsforsikring ASA, Østbygget Property in Oslo
March 13, 2015
DNB Livsforsikring ASA, 58,000 Square Meter of real estate surrounding Ullevaal Stadion

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