April 24, 2018 9:16 PM ET

Insurance

Company Overview of Danica Pension A/S

Company Overview

Danica Pension A/S, together with its subsidiaries, provides conventional life insurance and pension products in Denmark, Norway, and Sweden. The company also offers health and accident insurance, including disability cover; and advisory services related to pension schemes. In addition, it invests in commercial properties and shopping centers. The company markets and sells its insurance products through insurance agents. Danica Pension A/S was formerly known as Danica and changed its name to Danica Pension A/S in 1999. The company was founded in 1842 and is based in Kongens Lyngby, Denmark with subsidiaries in Norway and Sweden. Danica Pension A/S operates as a subsidiary of Forsikringsselsk...

Parallelvej 17

Kongens Lyngby,  2800

Denmark

Founded in 1842

649 Employees

Phone:

45 70 11 25 25

Fax:

45 45 14 96 16

Key Executives for Danica Pension A/S

CEO & Member of Executive Board
Age: 59
CFO & Member of Executive Board
Age: 42
CCO & Member of Executive Board
Age: 50
Executive Vice President
Age: 63
Head of Press Relation
Age: 44
Compensation as of Fiscal Year 2017.

Danica Pension A/S Key Developments

Danica Pension Group Reports unaudited Consolidated and Parent Earnings Results for the Year 2017

Danica Pension Group reported unaudited consolidated and parent earnings results for the year 2017. For the year, the group reported premiums including investment contracts of DKK 39,357 million against DKK 33,465 million for the same period of last year. Technical result, Life was DKK 1,225 million against DKK 1,436 million for the same period of last year. Technical loss of health and accident insurance was DKK 150 million against DKK 100 million for the same period of last year. Profit before tax was DKK 1,425 million against DKK 1,961 million for the same period of last year. Profit for the year was DKK 1,225 million against DKK 1,585 million for the same period of last year. Return on equity after tax was 6.6% against 8.4% for the same period of last year. Cash flow from operations was DKK 4,946 against outflow of DKK 6,197 million for the same period of last year. For the year, the parent company reported premiums of DKK 21,815 million against DKK 20,591 million for the same period of last year. Technical result, Life was DKK 775 million against DKK 1,152 million for the same period of last year. Technical loss of health and accident insurance was DKK 155 million against DKK 193 million for the same period of last year. Profit before tax was DKK 1,401 million against DKK 1,857 million for the same period of last year. Net profit for the year was DKK 1,225 million against DKK 1,527 million for the same period of last year. Return on equity after tax was 6.8% against 7.9% for the same period of last year.

Danica Pension A/S to Report Fiscal Year 2017 Results on Feb 02, 2018

Danica Pension A/S announced that they will report fiscal year 2017 results on Feb 02, 2018

Danica Pension Group Reports Earnings Results for the Nine Months of 2017

Danica Pension Group reported earnings results for the Nine Months of 2017. For the period, the company profit before tax for the first three quarters of 2017 was DKK 1,488 million, against DKK 1,465 million for the first three quarters of 2016. Total premiums for the first three quarters of 2017 amounted to DKK 29.3 billion, an increase of DKK 4.7 billion relative to the same period of 2016. The increase in premiums was due in part to a 48% increase to DKK 5.0 billion in gross premiums via Danske Bank in Denmark compared with the first three quarters of 2016.

Similar Private Companies By Industry

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Dansk Boligforsikring A/S Europe

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 9, 2017
15 Properties in Denmark
\
 

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