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May 22, 2015 1:42 PM ET

Insurance

Company Overview of Danica Pension A/S

Company Overview

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

Parallelvej 17

Kgs. Lyngby,  2800

Denmark

Founded in 1842

Phone:

45 70 11 25 25

Fax:

45 45 14 96 16

Key Executives for Danica Pension A/S

Chief Executive Officer and Member of Executive Board
Chief Financial Officer and Member of Executive Board
Senior Executive Vice President and Member of Executive Board
Age: 56
Executive Vice President
Age: 60
Head of Press Relation
Age: 41
Compensation as of Fiscal Year 2014.

Danica Pension A/S Key Developments

Danica Pension Announces Financial Results for the First Quarter Ended March 31, 2015

Danica Pension announced financial results for the first quarter ended March 31, 2015. For the quarter, the company reported net income from insurance business was DKK 777 million against DKK 405 million a year ago. Net income was DKK 0.8 billion.

Danica Pension Announces Earnings Results for the Nine Months Ended September 30, 2014

Danica Pension announced earnings results for the nine months ended September 30, 2014. For the period, the company reported net income of DKK 1.3 billion up from DKK 0.5 billion.

Danica Pension Announces Executive Changes

Danica Pension announced that Anders Svennesen is leaving his position as co-CIO at Danish pensions giant ATP to take up a new role as CIO of Danica Pension on December 1, 2014. Svennesen will replace Peter Lindegaard, the Danske-Bank subsidiary's previous CIO, who left the company in August. Svennesen will be responsible for developing Danica's investment department.

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