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Alm. Brand
Alm. Brand (until 2002 Alm. Brand af 1792) is a Danish financial services group operating within the markets for non-life, life and pension insurance. History The company was founded in 1792 and its activities were originally limited to mutual fire insurance of buildings in rural communities. Since 1987, Alm. Brand has been based in Company House on Middle Pier in the Southern Freeport area of Copenhagen. The building was designed by PLH Architects and previously housed East Asiatic Company The EAC Invest A/S, formerly known as the Santa Fe Group and East Asiatic Company ( da, italic=yes, Det Østasiatiske Kompagni or ''ØK'') is a multinational holding and investment company, based in Copenhagen, Denmark. History The East Asiat .... In October 2020, Sydbank acquires Alm. Brand Bank for €250 million from the company. In May 2022, it was announced Alm. Brand had acquired Codan Forsikring A/S’s Danish business - Codan Denmark from Intact Financial and Tryg A/S. ...
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Aktieselskab
''Aktieselskab'' (; Abbreviation, abbr.: A/S, or a/s, Unicode ; literally meaning: "stock company") is the Denmark, Danish name for a stock-based corporation. An ''aktieselskab'' may be either publicly traded or private. Liability The shareholders of an ''aktieselskab'' are not liable for the debts of the company. This can be used to protect the assets of the company against creditors by forming a group of companies. If an A/S is owned by a holding company (typically another A/S), the profit from the production company can be transferred to the holding company. Since there is no liability for the owners of an A/S, creditors from the production company will not be able to claim the profit in case of bankruptcy. Professional creditors, such as banks, protect themselves from this by demanding that the holding company guarantees the debts of the production company. Formation of an ''aktieselskab'' The formation of an ''aktieselskab'' requires a number of steps, including the followi ...
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East Asiatic Company
The EAC Invest A/S, formerly known as the Santa Fe Group and East Asiatic Company ( da, italic=yes, Det Østasiatiske Kompagni or ''ØK'') is a multinational holding and investment company, based in Copenhagen, Denmark. History The East Asiatic Company ( da, italic=yes, Det Østasiatiske Kompagni or ''ØK'') was founded by Hans Niels Andersen in Copenhagen in 1897. Service which would eventually include both passenger and freight lines between the Danish capital, Bangkok and the far east was the initial objective. Routes to include the Baltic and Black Seas were established when in 1899, the subsidiary Russian East Asiatic Steamship Co. of St. Petersburg was formed. Europe-Asia operations widened when the firm, ''Est Asiatique Francais'' of Paris, followed in 1902, the new Danish West Indian Company, in 1905 and the Siam Steam Navigation Company, in 1908. The second of these was eventually renamed Thai Navigation Co. after the Thai government took it over in 1941. For t ...
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Insurance Companies Of Denmark
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ...
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Financial Services Companies Established In 1792
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitab ...
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Companies Based In Copenhagen Municipality
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Tryg
Tryg A/S is a Scandinavian insurance company present in Denmark, Norway, Sweden and Finland. The company is the largest provider of general insurance services in the Nordic countries and is listed on Nasdaq OMX Copenhagen. History The current company was created in 2002 through the merging of Tryg Forsikring and Nordea's insurance activities. The company was listed on the Copenhagen stock exchange in October 2005. Tryg Forsikring traced its history back to the foundation of Kjøbenhavns Brandforsikring in 1731. Morten Hübbe replaced Stine Bosse as CEO on 1 February 2011. In November 2020, Canadian insurer Intact Financial Corporation and Tryg announced a joint offer to acquire RSA Insurance Group. This would represent an approximately £7.2 billion transaction with Intact paying £3.0 billion and Tryg paying £4.2 billion. Intact would retain RSA's Canada and UK & International operations and obligations, Tryg would retain RSA's Sweden and Norway operations, and Intact and Try ...
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Intact Financial
Intact Financial Corporation is a Canadian multinational property and casualty insurance company. Originally established in 1809 as the Halifax Fire Insurance Association, it was later acquired by Nationale-Nederlanden and from 1993 to 2009 was a subsidiary of the Dutch multinational ING Group under the name ING Canada. Intact Financial directly underwrites insurance through its subsidiary companies Intact Insurance and Belair Insurance ( operating as Belairdirect), as well as operating additional brokerage, insurance service, and damage restoration subsidiaries. , Intact was the largest provider of property and casualty insurance in Canada by annual premiums. The company has over 16,000 employees and insures more than five million individuals and businesses through its insurance subsidiaries. In the J.D. Power 2015 Canadian Home Insurance Satisfaction Study, belairdirect was ranked highest in the Atlantic/Ontario region with a score of 799 and in the Quebec region with a sco ...
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Sydbank
Sydbank A/S is one of Denmark's largest full service banks headquartered in Aabenraa. Sydbank was founded in 1970 with the merger of four local banks based in Southern Jutland: Den Nordslesvigske Folkebank (Aabenraa); Graasten Bank (Gråsten); Folkebanken for Als og Sundeved (Sønderborg) and Tønder Landmandsbank (Tønder). It has since then grown considerably through mergers and acquisitions, one of the latest being DiskontoBanken (DiBa Bank) of Næstved, which was delisted on the Copenhagen stock exchange as of 15 January 2014. History 1970s Through the early 1970s, Sydbank had only 50 branches — all in south Jutland — until 1976 when it opened its first branch across the Kongeå River in Fredericia. 1980s In 1980, Sydbank grew greatly. In 1983, Sydbank opened an office at Kongens Nytorv in Copenhagen and merged with the Aarhus Bank. In 1984, it engaged in another merger with Fuen Bank and Co-established bank with a branch in Flensburg and subsidiary SBK-Finance. ...
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PLH Architects
PLH Architects is an architectural firm based in Copenhagen, Denmark. It was founded in 1977 by Palle Leif Hansen. Location PLH Arkitekter is based in a former industrial complex situated in the Haraldsgade neighbourhood on the border between outer Nørrebro and Østerbro in Copenhagen. The buildings are the former home of Laurids Knudsens Mekaniske Etablissement. Selected projects Completed * East Asiatic Company headquarters (now Alm. Brand), Midtermolen, Copenhagen (1998) * ''Havnestaden'' masterplan, Islands Brygge, Copenhagen (1992) * GeoCenter Møns Klint, Møn, Denmark (2007) * Aller House, Havneholmen, Copenhagen (2009) * Danish National Archives, Copenhagen (2009) *K 29, Vilnius, Lithuania (2013–2015) In progress * Harboes Brewery Visitor Center, Skælskør, Denmark * Mærsk Building, Amerika Plads, Copenhagen, Denmark * Trelleborg Visitor Center, Slagelse, Denmark Gallery Image:Company House Copenhagen.jpg, East Asiatic Company headquarters, Midtermo ...
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Copenhagen
Copenhagen ( or .; da, København ) is the capital and most populous city of Denmark, with a proper population of around 815.000 in the last quarter of 2022; and some 1.370,000 in the urban area; and the wider Copenhagen metropolitan area has 2,057,142 people. Copenhagen is on the islands of Zealand and Amager, separated from Malmö, Sweden, by the Øresund strait. The Øresund Bridge connects the two cities by rail and road. Originally a Viking fishing village established in the 10th century in the vicinity of what is now Gammel Strand, Copenhagen became the capital of Denmark in the early 15th century. Beginning in the 17th century, it consolidated its position as a regional centre of power with its institutions, defences, and armed forces. During the Renaissance the city served as the de facto capital of the Kalmar Union, being the seat of monarchy, governing the majority of the present day Nordic region in a personal union with Sweden and Norway ruled by the Danis ...
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Freeport Of Copenhagen
The Free Port of Copenhagen is a bonded area in the northern part of Port of Copenhagen of Copenhagen, Denmark. Created to consolidate Copenhagen's position as an important maritime hub in Northern Europe, it was established in the area just north of the fortress Kastellet and later expanded northwards several times. The original grounds, now known as Søndre Frihavn (English: South Free Port), has since been released for other uses. It comprises Amerika Plads, a modern mixed-use development, America Quay, India Quay, Langelinie and Marble Pier, the four quays which bounded the harbour, and Midtermolen, a pier which divides it into an east and west basin. The free port is now located in Nordhavnen and is part of Copenhagen Malmö Port. History Planning and construction In the middle of the 19th century, Copenhagen's growth and the increasing industrialization made it clear that the city's harbour was becoming too small and in the same time old plans to create a free p ...
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Midtermolen
Midtermolen is a pier which extends north from India Quay in the Southern Free Port of Copenhagen, Denmark, dividing the dock into an east and west basin. History The wharf was constructed as part of the original free port which was constructed in 1894. The Silo Warehouse which was completed at its tip that same year was the new port area's most imposing building until it was demolished after a fire in 1969. The building was designed by Vilhelm Dahlerup with inspiration from Christian IV's Renaissance buildings. Its core was an 11 storeys high grain silo while the sides served as regular warehouses. The official time signal was from 1909 until World War II located on the roof of the building. It consisted of a ball which was raised every morning and dropped at 13:00 (12:00 UTC). In 1994, a new headquarters for East Asiatic Company was inaugurated at the tip of the pier. The company had originally been based in Asia House at present day Indiakaj but in 1908 left the free ...
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