Danica gets premium income boost but loses out on insurance

During the first half of 2021, gross premiums paid to Danske Bank's pension arm have increased by 30.2 percent compared to the same period last year. However, the company still reports a deficit for its illness and accident insurance business.

Photo: Mogens Flindt

Danish pension company Danica, which is part of Danske Bank, has released its report for the first six months of 2021, showing mixed results.

Danica's topline increased significantly during the first half of 2021, with the company reporting gross premium inflows of DKK 19.9bn (EUR 2.7bn), an increase of 30.2 percent compared to the same period last year.

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