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February 07, 2016 10:22 AM ET


Company Overview of Danica Pension A/S

Company Overview

Danica Pension A/S provides pension schemes, life insurance, and health insurance to customers in Denmark. It offers international, Nordic, and pooling solutions; and loss of earning capacity, critical illness, private treatment insurance products; and advisory services. The company markets and sells its products through insurance agents in Denmark. Danica Pension A/S was formerly known as Danica and changed its name to Danica Pension A/S in 1991. The company was founded in 1842 and is based in Kgs. Lyngby, Denmark. It has regional offices in Denmark; and subsidiaries in Norway and Sweden. Danica Pension A/S operates as a subsidiary of Danske Bank A/S.

Parallelvej 17

Kgs. Lyngby,  2800


Founded in 1842


45 70 11 25 25


45 45 14 96 16

Key Executives for Danica Pension A/S

Chief Executive Officer and Member of Executive Board
Senior Executive Vice President and Member of Executive Board
Age: 57
Executive Vice President
Age: 61
Head of Press Relation
Age: 42
Executive Vice President
Age: 48
Compensation as of Fiscal Year 2015.

Danica Pension A/S Key Developments

Danske Bank A/S Announces Executive Changes; Announces Establishment of New Wealth Management Unit

Danske Bank A/S announced that it named Jacob Aarup-Andersen as CFO, effective April 1, 2016. Aarup-Andersen's appointment follows an indication from Henrik Ramlau-Hansen that he wishes to resign in 2016. Aarup-Andersen will continue in his current role as CFO of unit Forsikringsselskabet Danica until the end of 2015, then will serve as deputy CFO from January 1, 2016, until he takes on the CFO post. The head of the wealth management division will join Danske Bank's executive board, once a search process to fill the post is completed. Tonny Thierry Andersen, head of personal banking, will be responsible for the establishment of the new unit until the search is completed. The company announced the establishment of a new wealth management unit.

Danica Pension Reports Earnings Results for the Nine Months Ended September 30, 2015

Danica Pension reported earnings results for the nine months ended September 30, 2015. For the period, the company reported premiums of DKK 22.0 million against DKK 20.3 million a year ago. Profit before tax was DKK 1,491 million against DKK 1,513 million a year ago. The performance was adversely affected by the financial market turbulence experienced in the third quarter, but favourably affected by improvement in the health and accident business. The underlying operating performance continued to be satisfactory. The profit before tax for the first nine months of 2015 was DKK 1,491 million, which was in line with the year-earlier performance.

Danica Pension A/S to Report Nine Months, 2016 Results on Oct 29, 2015

Danica Pension A/S announced that they will report nine months, 2016 results on Oct 29, 2015

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