Vital Forsikring ASA, branded as Vital is Norway's largest life insurance and pension insurance company, and part of the DnB NOR Group. Though Vital has roots back to 1847, it was created in its present form by a merger between Vital and

Gjensidige NOR Gjensidige NOR was a Norwegian bank and insurance company that was in existence between 1999 and 2003. The company was created when the two savings banks Sparebanken NOR (bank) and Gjensidige (insurance) were merged in 1999. In 2002 Norwegian s ...

's life insurance section after the mother companies merged in 2003. Vital has its headquarters in

Bergen Bergen (), historically Bjørgvin, is a city and municipality in Vestland county on the west coast of Norway. , its population is roughly 285,900. Bergen is the second-largest city in Norway. The municipality covers and is on the peninsula o ...

, Norway and has total assets of . Vital also owns a large portfolio of

real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...

, valued about NOK 24 billion. This includes the entire portfolio of real estate owned by the entire DnB NOR group in Norway.

History

Vital has its roots back to 1847 when

Gjensidige Gjensidige Forsikring ASA is a Norwegian insurance company. The company traces its roots back to 1816 when a fire mutual was founded as ''Land Gjensidige Brandkasse'' in what is today Innlandet county. Gjensidige demutualised and listed on the O ...

was created. Gjensidige merged with Glitne (1968),

Samtrygd Samtrygd was an insurance company based in Oslo, Norway. It was founded as Samtrygd, Norsk Gjensidige Forsikringsforening in 1922 as a reinsurance company for 260 smaller fire treasuries. From 1958 it developed several types of general insurance. ...

(1985), Forenede Forsikring (1992) and Sparebanken NOR Forsikring (1999). The brand name Vital was created in 1990 when Hygea (founded in 1884) and Norsk Kollektiv Pensjonskasse (founded in 1938) merged to found Vital. Vital was bought by

Den norske Bank Den norske Bank or DnB was a Norwegian bank that existed between 1990 and 2003 when it merged with Gjensidige NOR to form DnB NOR (now DNB ASA). The bank's headquarters were in Bergen, Norway. DnB was created as a merger between Bergen Bank and ...

in 1996. In 2003, after the mother companies of Gjensidge and Vital, respectively Den norske Bank and

were merged, the two insurance companies were also merged.

External links

Official site

DnB NOR corporate web site
Companies based in Bergen Financial services companies established in 1990 Companies formerly listed on the Oslo Stock Exchange Insurance companies of Norway 1990 establishments in Norway {{Norway-company-stub