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Storebrand Bank
Storebrand is a financial services company in Norway. By volume, the company's main activities are related to life insurance and pension savings. However, the company also has major divisions working on investments, banking and, until 1999 and again since 2006, P&C insurance products. Through its acquisition of Swedish SPP from Handelsbanken in 2007, Storebrand gained a sizable division dedicated to the Swedish market for life insurance. The company's headquarters are located in Lysaker in the municipality of Bærum, just outside Oslo, Norway. Storebrand is a public company listed on the Oslo Stock Exchange. The company CEO is Odd Arild Grefstad. Storebrand issues an annual report for companies engaging in socially responsible investments. History The company traces its roots back to 1767 when Den almindelige Brand-Forsikrings-Anstalt, later Norges Brannkasse, was formed. In 1982 Storebrand merged with its competitor, insurance company Norden, to form the Storebrand-Norden ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allmennaksjeselskap
''Aksjeselskap'' is the Norwegian term for a stock-based company. It is usually abbreviated AS, historically often written as A/S. An AS is always a limited company, i.e. the owners cannot be held liable for any debt beyond the stock capital. Public companies are called Allmennaksjeselskap (ASA), while companies without limited liability are called '' Ansvarlig selskap'' (ANS). All AS companies must have a stock capital of at least NOK 30,000. In addition, they must have a board of directors, depending on the size of turnover, balance sheet total or number of employees, an auditor. They may appoint a managing director (MD) or chief executive (CEO). If the company has assets exceeding NOK 3 million, the board must have at least three members and cannot be chaired by the MD/CEO. Practically all Norwegian companies have a fiscal year from January to December, but some foreign subsidiaries may have a different fiscal year, as is allowed, to match the parent corporation. The ASA ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forsikringsselskapet Norden
Forsikringsselskapet Norden was a general insurance company based in Norway. It was founded as ''Brandforsikringsselskabet Norden'' on 4 April 1867, and began operating on 2 September the same year. Its first offices were located in ''Karl Johans gate 14''. The main driving forces behind the foundation were Carl Ferdinand Gjerdrum and Jacob Thurmann Ihlen, who became the first chief executive and first chair respectively. Gjerdrum served until 1887 and Ihlen to 1904. The next chief executive was L. S. Karlsen from 1887 to 1933; he was succeeded by Harald Sommerfeldt. From 1958 to 1971 Erik Ø. Poulsson was at the helm. In 1970 the company announced plans to form the holding company Nordengruppen together with the insurance companies Sigyn and Norske Alliance. The cooperation finally materialized in September 1971. The three companies continued as semi-independent, but under a common board of directors. In Nordengruppen, the former shareholders in Norden got 64% of the shares w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insurance Companies Of Norway
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Norway
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 1767
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 profitability ass ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Oldest Companies
This list of the oldest companies in the world includes brands and companies, excluding associations and educational, government, or religious organizations. To be listed, a brand or company name must remain operating, either in whole or in part, since inception. Note however that such claims are often open to question and should be researched further before citing them. Statistics According to a report published by the Bank of Korea in 2008 that looked at 41 countries, there were 5,586 companies older than 200 years. Of these, 3,146 (56%) are in Japan, 837 (15%) in Germany, 222 (4%) in the Netherlands, and 196 (3%) in France. Of the companies with more than 100 years of history, most of them (89%) employ fewer than 300 people. In Japan, very old companies, called '' shinise'', are particularly prestigious. A nationwide Japanese survey counted more than 21,000 companies older than 100 years as of September 30, 2009. Founded before 1300 1300 to 1399 1400 to 1499 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
If P&C Insurance
If P&C Insurance Company Ltd. is a property and casualty insurance company with approximately 3.8 million customers in Sweden, Norway, Finland, Denmark, Estonia, Latvia, Lithuania and Russia. In 2013, the group had gross premiums written of SEK 39 billion and 6,830 employees. History If P&C Insurance was formed in 1999 through the merger of the property and casualty insurance operations of Storebrand of Norway and Skandia of Sweden. In 2001, If and Sampo’s property and casualty insurance operations merged. In 2002, Torbjörn Magnusson was appointed President President most commonly refers to: *President (corporate title) * President (education), a leader of a college or university * President (government title) President may also refer to: Automobiles * Nissan President, a 1966–2010 Japanese ... and CEO. In the Spring of 2004, Sampo acquired Storebrand's, Skandia's and Skandia Liv's holdings of If shares. References Financial services companies esta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nordea
Nordea Bank Abp, commonly referred to as Nordea, is a European financial services group operating in northern Europe and based in Helsinki, Finland. The name is a blend of the words "Nordic" and "idea". The bank is the result of the successive mergers and acquisitions of the Finnish, Swedish, Danish, and Norwegian banks of Merita Bank, Nordbanken, Unidanmark, and Christiania Bank og Kreditkasse that took place between 1997 and 2001. The Nordic countries are considered Nordea's home market, having finalised the sales of their Baltic operations in 2019. Nordea is listed on Nasdaq Nordic exchanges in Helsinki, Copenhagen, and Stockholm and Nordea ADR is listed in the US. Nordea serves 9.3 million private and 530,000 active corporate customers, including 2,650 large corporates and institutions. Nordea's credit portfolio is distributed across Finland (21%), Denmark (26%), Norway (21%), and Sweden (30%). There are four Business Areas (BAs) at Nordea, Personal Banking, Business Banking ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Christiania Bank Og Kreditkasse
Christiania Bank og Kreditkasse, branded domestically as Kreditkassen or K-Bank and internationally as Christiania Bank was a Norwegian bank that existed between 1848 and 2000 when it merged with MeritaNordbanken and became Nordea. The bank had its headquarters in Oslo and was Norway's second largest bank at the time of the merger. Christiania Bank had branch offices in London, New York, and Singapore. History The bank was founded in Oslo (then called Christiania) in 1848 as Christiania Kreditkasse, though changed its name to Christiania Bank og Kreditkasse in 1862. In 1858, the bank moved out of its temporary location at the home of the bank manager, Fritz Henrich Frölich, and to permanent locations. It opened branches in 1897, under the directorship of Peter Harboe Castberg The bank expanded out of Oslo in 1957 when it bought Elverum Kreditbank and Hamar Privatbank, and in 1959 with the acquisition of Agder Bank. By 1965, the bank had 18 offices outside Oslo. In 1973, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Storebrand Bank
Storebrand is a financial services company in Norway. By volume, the company's main activities are related to life insurance and pension savings. However, the company also has major divisions working on investments, banking and, until 1999 and again since 2006, P&C insurance products. Through its acquisition of Swedish SPP from Handelsbanken in 2007, Storebrand gained a sizable division dedicated to the Swedish market for life insurance. The company's headquarters are located in Lysaker in the municipality of Bærum, just outside Oslo, Norway. Storebrand is a public company listed on the Oslo Stock Exchange. The company CEO is Odd Arild Grefstad. Storebrand issues an annual report for companies engaging in socially responsible investments. History The company traces its roots back to 1767 when Den almindelige Brand-Forsikrings-Anstalt, later Norges Brannkasse, was formed. In 1982 Storebrand merged with its competitor, insurance company Norden, to form the Storebrand-Norden ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pohjola
Pohjola (; from 'base, bottom', but used in derived forms like ''pohjois-'' to mean 'north' + ''-'' 'place'), sometimes just Pohja (), is a mythical place, location in Finnish mythology. It is one of the two main polarities in the Finnish national epic, the ''Kalevala'', along with Kalevala or Väinölä. Pohjola and the ''Kalevala'' storytellers C. Ganander (1789), characterised Pohjola as : 'the most extreme North ... a dark and terrible place. Tartarus and Thule, Ultima Thule'. :''Yttersta Norden, beskrives såsom en mörk och förfärlig ort. Tartarus & ultima Thule'' : ''Mythologia fennica'' : ''eller förklaring öfver de nomina propria deastrorum, idolorum, locorum, virorum, &c. eller afgudar och afgudinnor, forntidens märkelige personar, offer och offer-ställen, gamla sedvänjor, jätter, trol, skogs- sjö och bergs-rån m.m. Som förekomma i de äldre finska troll-runor, synnyt, sanat, sadut, arwotuxet &c. samt än brukas och nämnas i dagligt tal; til deras tjenst, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Codan A/S
Codan A/S (named after latin:''Sinus Codanus''; Baltic Sea) is a Danish insurance company, which was founded in 1916. The company is Scandinavia's third largest insurance company and operates also the company Trygg-Hansa in Sweden, and the group operates in the Baltic states and Norway. In Denmark, Codan concentrate on non-life insurance after having sold its life and pension insurance to the Swedish banking group SEB in 2004. The company has also previously operated bank activity, which also was sold to SEB in 1999. Since 1984 Codan has been partially owned by the British insurance company Royal & SunAlliance however, it has since been completely taken over. In 1993 Codan took over the bankrupt Hafnia Insurance. Codan has previously been listed on Copenhagen Stock Exchange The Nasdaq Copenhagen, formerly known as the Copenhagen Stock Exchange ( da, Københavns Fondsbørs), is an international marketplace for Danish securities, including shares, bonds, treasury bills a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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