Danica close to zero result despite growth in premiums

Danske Bank's pension company was significantly affected by the corona crisis in the first quarter. Danica's profit has essentially vanished - but increasing premium payments give cause for hope.

Photo: PR/ Danica

The drops on the equity and bond markets during the first quarter were painful for Danica Pension.

The company ended the first three months of the year with a result of EUR 2.9 million compared to EUR 51 million for the same period in 2019.

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