Our financial strength is your assurance that we can keep our promises. This is the capital we provide as security for your savings, and it is considerably above the statutory requirements.
Danica Pension has significant financial strength. At the end of 2011, our financial strength stood at DKK 10.0 billion.
In November 2011, Standard & Poor’s maintained its rating of Danica Pension of A (negative outlook). Following the repayment of the subordinated loan, Danica has decided not to maintain a rating.
Ready for the new solvency rules
Danica Pension has developed a model to calculate the individual solvency requirement - that is, the capital requirement relative to our business activities. The model is used for stress testing of relevant risk factors, including equity prices, property prices, interest rates and life expectancy. We are well underway with our preparations for Solvency II, which will be the future European solvency standard for insurance companies.