Topdanmark A/S - Company Capsule by ICDResearch

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									Topdanmark A-S

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Topdanmark A/S - Company Capsule
Reference Code: FS0502CC
Published Date: April 2011




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Topdanmark A-S - Company Capsule                                                    Page 1
Topdanmark A-S

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Topdanmark A/S - Company Overview

Topdanmark A/S (Topdanmark) is aninsurance company. The company is engaged in the non-life, life, and pension fund
businesses in Denmark. Topdanmarkoffers illness and accident, fire, personal liability, workers’ compensation, and
reinsurance products. The company distributes its products through sales representatives, banks, car dealers, and
insurance brokers. It serves personal, agricultural, and industrial markets. Topdanmark has a corporate alliance with
Danica Pension, Danske Bank, SYDBANK, AIG, Nykredit, EurAPCo, dlg, home, HandelsbankenMidtbank and DI. Its
operations are organized under two reportable business segments,namely, Life-insurance and Non-life insurance. Further
the Non life insurance segment is divided into three sub segments, namely, Personal, SME and Industrial. Topdanmarkis
headquartered in Ballerup, Denmark.


Financial Performance

The company reported revenue of DKK11253 million during the year 2009.The company's revenue declined at a
compounded rate of 2.2% during the period 2007-2009 with a year on year decline of 8.6% over fiscal year 2008. During
the fiscal year 2009, its operating margin was 9.1% as against the operating margin of 14.4% in the fiscal year 2008.
During the fiscal year 2009, the company’s net profit margin was 12.8% as against the net profit margin of-1.5% in the
fiscal year 2008.




Topdanmark A/S - Key Facts

Topdanmark A/S, Key Facts

                                  Borupvang 4, Ballerup, , 2750,
                                                                    Ticker Symbol, Stock       TOP (Copenhagen Stock
Corporate Address:                Denmark                                                      Exchange)
                                                                    Exchange



Telephone                          + 45 44 683311                   No. of Employees           2,523



Fax                                + 45 44 681906                   Financial Year End         December



URL                               www2.topdanmark.dk                Revenue (in DKK Million)   12,947.00



Industry                          Financial Services                Revenue (in USD Million)   2,415.49



Locations                         Denmark

Source: Annual Report, Company Website, Primary and Secondary Research




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Topdanmark A-S - Company Capsule                                                                                   Page 2
Topdanmark A-S

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Topdanmark A/S - Major Products and Services

TopdanmarkA/S engages in the provision of insurance products and services, mainly in Denmark and other EU countries.
The company’s key products and services include the following:

Topdanmark A/S, Major Products and Services
Products:

Non-Life Insurance:

Personal

Commercial

Industrial

Life Insurance Schemes:

Corporate

Individual

Services:

Claims management

IT tools for insurance representatives

TopNet
Source: Annual Report, Company Website, Primary and Secondary Research




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Topdanmark A-S - Company Capsule                                                                             Page 3
Topdanmark A-S

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Topdanmark A/S - Key Competitors

The following companies are the major competitors of Topdanmark A/S:

Vestfyns Bank A/S

DiBa Bank A/S

Kreditbanken A/S

MAX Bank A/S

TrygVesta A/S




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Topdanmark A-S - Company Capsule                                                    Page 4
Topdanmark A-S

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Topdanmark A/S - Key Employees


Topdanmark A/S, Key Employees


          Name                             Job Title                      Board Level     Since   Age


Anders Knutsen             Deputy Chairman                          Non Executive Board   1999    63


Anette Sadolin             Director                                 Non Executive Board   2004    69


Charlotte Hougaard         Director                                 Non Executive Board   2007    46


                           Member Management Board, Chief
Christian Sagild                                                    Executive Board       1996    51
                           Executive Officer


Jens Maaloe                Director                                 Non Executive Board   2003    55


Jorgen Ajslev              Director                                 Non Executive Board   1994    67


                           Chief Operating Officer, Member
Kim Bruhn-Petersen                                                  Executive Board       1989    54
                           Management Board


Knud J. Vest               Director                                 Non Executive Board   1994    64


                           Chief Financial Officer, Member
Lars Thykier                                                        Executive Board       1986    55
                           Management Board


Michael Pram Rasmussen Chairman                                     Executive Board       2006    55


Ole Dossing Christensen Director                                    Non Executive Board   1999    58


Per Mathiesen              Director                                 Non Executive Board   2007    44

Source: Annual Report, Company Website, Primary and Secondary Research




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Topdanmark A-S - Company Capsule                                                                       Page 5
Topdanmark A-S

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Topdanmark A/S - Locations and Subsidiaries

Head Office

Topdanmark A/S
Borupvang 4
Ballerup
Zip: 2750
Denmark
Tel: + 45 44 683311
Fax: + 45 44 681906



Other Locations & Subsidiaries

Topdanmark A/S, Subsidiaries

Danske Forsikring A/S                         Hotel Kongens Ege ApS
Denmark                                       Denmark




Komplementarselskabet TDE.700 ApS             Risk & Insurance Services S.A.
Denmark                                       Luxembourg




TDL.0139 ApS                                  TDP Aalborg ApS
Denmark                                       Denmark




TDP Arhus ApS                                 TDP Svendborg ApS
Denmark                                       Denmark




TDP.0007 A/S                                  Topdanmark EDB A/S
Denmark                                       Denmark




Topdanmark Ejendom A/S                        Topdanmark Forsikring A/S
Denmark                                       Denmark




Topdanmark Holding S.A.                       Topdanmark Kapitalforvaltning A/S
Luxembourg                                    
								
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