September 22, 2014 10:28 AM ET


Company Overview of DNB Livsforsikring ASA

Company Overview

DNB Livsforsikring ASA provides life insurance and pension savings products in Norway. It offers group defined benefit pensions; individual annuity and pension insurance policies, which include retirement, disability, dependent’s, and children’s pensions; individual endowment insurance policies; defined-contribution pensions; individual unit-linked insurance policies, such as guaranteed savings products and fund savings; and death-risk insurance policies and employer’s liability insurance products. It serves companies, municipalities, and public sector enterprises primarily through its sales force, as well as through external partners. The company is based in Bergen, Norway. DNB Livsforsikri...

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Key Executives for DNB Livsforsikring ASA

Managing Director
Age: 48
Director of Finance
Director of Operations & Customer Service
Chief Executive Officer of DNB Group
Age: 54
Chief Actuary and Chief Risk Officer
Compensation as of Fiscal Year 2014.

DNB Livsforsikring ASA Key Developments

DNB Livsforsikring ASA Discontinues its Operations in Public Sector Occupational Pensions Market

The Board of Directors of DNB Livsforsikring ASA has decided to discontinue the company's operations in the public sector occupational pensions market. The decision affects all insured public pension schemes for both municipalities and enterprises. The wind-up of the business area could take up to three years, but will not be noticeable to the members of the pension schemes. A final decision regarding the wind-up will be made by the Supervisory Board.

DNB Livsforsikring ASA Reports Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2012

DNB Livsforsikring ASA reported unaudited earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported pre-tax profit of NOK 305 million and profit of NOK 384 million compared to pre-tax profit of NOK 141 million and profit of NOK 294 million reported a year ago. Total income was NOK 652 million compared to NOK 533 million reported a year ago. For the year, the company reported pre-tax profit of NOK 1,279 million and profit of NOK 1,634 million compared to pre-tax profit of NOK 416 million and profit of NOK 314 million reported a year ago. Total income was NOK 2,738 million compared to NOK 1,988 million reported a year ago.

DNB Livsforsikring ASA to Report Fiscal Year 2012 Final Results on Mar 14, 2013

DNB Livsforsikring ASA announced that they will report fiscal year 2012 final results on Mar 14, 2013

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