DENMARK: HIGH RISK COMPANIES CHOOSE UNIT LINK
Article Abstract:
Company pension schemes have become a way to attract and keep the best employees. Depending on the company's risk profile, companies choose between a pension scheme with a guaranteed interest rate or the more risky pension scheme, for example Unit linked assurance. Tech Data is an IT company which has chosen a 100 per cent Unit linked assurance in SkandiaLink. This assurer was chosen because the employees are able to follow their investments on the Internet and to make day-to-day changes in their portfolio. Every employee has their own risk profile and receives investment advice according to this. Normally companies would choose to only place a part of the investments in Unit link to lower the risk, says Ulla Plesner from William M. Mercer. According to Gerner Abildtrup in SkandiaLink 225 companies has taken out a unit linked assurance for their employees. He does not see a problem with the unit linked assurance and points out that it is a long term investment.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
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DENMARK: HEALTH INSURANCE PREMIUMS FALL
Article Abstract:
The exploding market for health insurance is making premiums fall. Today health insurance costs between DKR 1000 and 1500 a year which is half the price compared to last year. With some insurance companies it is even possible to be operated in a private hospital for DKR 900. Some of the price reduction can be made because insurance companies are now more experienced in the field of health insurance, says director of Danica Pension, Jesper Winkelmann. In the future prices may rebound as the market stabilizes or the amount of hospitalisations go up.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
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DENMARK:INCREASE IN CORPORATE PENSION INSURANCE SALES
Article Abstract:
The leading pension insurance companies in Denmark including Danica, PFA Pension and Tryg-Baltica have reported a growth of between 20 and 40 % in the sales of corporate pension insurance schemes. According to Danica's head Jesper Winkelmann, companies have become increasingly aware of their social responsibility. Employees are also demanding sound pension insurance schemes and improved social safety network in the form health insurance that will make it possible to seek care at private hospitals.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
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