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I agreeTopdanmark is the second largest non-life insurance company and a major life insurance company in Denmark.
In non-life insurance, Topdanmark has a 16 per cent market share. Topdanmark focuses on the private, agricultural and SME market where the company has around 620,000 customers and handles around 300,000 claims a year. The business consists of two business areas:
In life insurance, Topdanmark has a 10 per cent market share in Denmark. Topdanmark serves around 140,000 Danish small and medium-sized companies and private customers. The majority are group pension customers providing compulsory pension schemes for the employees. Around 90 per cent of new business is unit-linked insurance schemes.