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Storebrand
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 Forsikringsselskapet Norden, Norden, to ...
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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 wh ...
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UNI Forsikring
UNI Forsikring was an insurance group based in Norway. It was founded in 1984 as a cooperation between life insurance company Norske Folk and general insurance company Norges Brannkasse. It was decided to restructure the two parties as public companies in 1989, under the names UNI Liv and UNI Skade respectively. In 1991 UNI Forsikring was merged with Storebrand 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 ... to form UNI Storebrand; which however reverted to the name Storebrand after some years. References Insurance companies of Norway Companies based in Oslo Financial services companies established in 1984 1984 establishments in Norway Financial services companies disestablished in 1991 {{Norway-company-stub ...
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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 and Lithuania. 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 Sweden, formally the Kingdom of Sweden, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. It borders Norway to the west and north, and Finland to the east. At , Sweden is the largest Nordic count .... In 2001, If and Sampo’s property and casualty insurance operations merged. In 2002, Torbjörn Magnusson was appointed President 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 established ...
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Norske Folk
Norske Folk was a life insurance company based in Norway. It was founded in 1917. In 1984 it started a cooperation with Norges Brannkasse named UNI Forsikring. In 1989 Norske Folk was redesigned into a public company named UNI Liv. In 1991 the entire UNI Forsikring was merged with Storebrand 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 .... References Insurance companies of Norway Financial services companies established in 1917 1917 establishments in Norway Financial services companies disestablished in 1991 1991 disestablishments in Norway {{Norway-company-stub ...
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Lysaker
Lysaker is an area in Bærum Municipality, Akershus County, Norway. Lysaker is the easternmost part of Bærum and borders Oslo proper. Lysaker was initially a farming community, later becoming a residential area. Today it is primarily known as a business and trade area, and a public transport hub. It is considered part of Stor-Oslo (Greater Oslo), and is home to offices of numerous domestic and international businesses. Geographical location Lysaker is located where a stream, Lysakerelva, empties into Lysakerfjorden—a branch of the Oslofjorden. This stream is the western border of Oslo proper. To the south-east Lysaker is bordered by the fjord. To the south-west is the Fornebu area, where one of Oslos two airports were located until Oslo Airport, Gardermoen, was expanded in order to handle all the traffic alone. To the west and north are the primarily residential areas of Stabekk and Jar. To the east is Sollerud and Lilleaker in Ullern borough. History Lysaker, ...
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Allmennaksjeselskap
is the Norway, 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 Legal liability, liable for any debt beyond the stock capital. Public company, Public companies are called (ASA), while companies without limited liability are called (ANS). All AS companies must have a stock capital of at least Norwegian krone, 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 chief executive officer, 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 chairman, chaired by the MD/CEO. Practically all Norwegian companies have a fiscal year from January to December, but some foreign subsidiary, subsidiaries may have a different fiscal year, as is allow ...
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1767 Establishments In Norway
Events January–March * January 1 – The first annual volume of '' The Nautical Almanac and Astronomical Ephemeris'', produced by British Astronomer Royal Nevil Maskelyne at the Royal Observatory, Greenwich, gives navigators the means to find longitude at sea, using tables of lunar distance. * January 9 – William Tryon, governor of the Royal Colony of North Carolina, signs a contract with architect John Hawks to build Tryon Palace, a lavish Georgian style governor's mansion on the New Bern waterfront. * February 16 – On orders from head of state Pasquale Paoli of the newly independent Republic of Corsica, a contingent of about 200 Corsican soldiers begins an invasion of the small island of Capraia off of the coast of northern Italy and territory of the Republic of Genoa. By May 31, the island is conquered as its defenders surrender.George Renwick, ''Romantic Corsica: Wanderings in Napoleon's Isle'' (Charles Scribner's Sons, 1910) p230 * Februar ...
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Financial Services Companies Of Norway
Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance. In these financial systems, 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. Due to its wide scope, a broad range of subfields exists within finance. Asset-, money-, risk- and investment management aim to maximize value and minimize volatility. Financial analysis assesses the viability, stability, and pro ...
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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 protect 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 o ...
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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. As 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 an ...
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Financial Services Companies Established In 1767
Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance. In these financial systems, 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. Due to its wide scope, a broad range of subfields exists within finance. Asset-, money-, risk- and investment management aim to maximize value and minimize volatility. Financial analysis assesses the viability, stability, and prof ...
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