Financial strength

Our financial strength is your security that we are able to deliver what we promise - it is the capital we provide as collateral for your savings. At 31st of December 2015, our financial strength was significantly above the level required by law.

Danica thus has a solid financial strength, which at 31st of December 2015 stood at DKK 11 billion.

Financial strength and solvency requirement
The solvency need is a risk-based capital requirement, calculated according to the company's own risk assessment, to complement the solvency requirement. All Danish insurance companies are required to have a capital base corresponding at least to the higher of the solvency requirement and the solvency need. All companies in the Danica Group complied with this in 2015.

The new EU solvency rules came into force at 1st of January 2016. The ruels has increased the capital base but this is partically matched by an increased solvency capital requirement.

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Pensions and insurance
Your pension scheme is not only about pension savings, but also insurance for you and your family.

Pensions and insurance