Network Partner Profile

• Danica Pensjon, established in 1997, is a wholly-owned subsidiary of Danica Pension Denmark and part of the Danske Bank Group.
• Danica Pensjon, which is headquartered in Trondheim, Norway, has a market share of 4.2% in terms of company defined contribution pension plans.
• Total premium at the end Q3 2010: NOK 1.2 million.
• Total assets as of Q3 2010: NOK 5 billion.
• Employs approximately 75 people.
• Offers various group and individual products.
• Exclusive bancassurance channel is the renowned Fokus Bank (member of the Danske Bank Group).
• Standard & Poor’s awarded ‘A’ rating to parent company Danica Pension Denmark in 2009.
• Member of the Swiss Life Network since 2006.

• Wide range of quality funds offered by the most recognized fund managers in the world.
• Danica Pensjon’s investment strategies belong to the best available in the market.
• Personalised and flexible organisation, enjoying the strong and solid support of its parent company Danica Pension.
• Internet access to pension plans for customers (for administration purposes).
• “Think Nordic”, an employee benefit concept offering Danica’s Nordic clients economies of scale, tailor-made products, professional advice, centralised approach and simplified administration.

Types of Benefit - Coverage available and poolable:

• Disability Pension
• Premium Waiver
• Orphan’s Pension

Types of Benefit - Coverage available:

• Old Age Pension (DC plans)
• Group Life
• Medical

Financial Products:

• Company–Specific Portfolios
• Bank Products / Services through Fokus Bank

• Norway’s largest life insurance company, founded in 1847.
• Part of the DnB NOR Group, Norway’s largest financial services group.
• Offers a complete range of group and individual products, comprehensive financial advice, administration and management instruments for autonomous funds, as well as health awareness programmes.
• Holds a market share of 42.4% of the total life insurance market (Q3, 20010), and of 43.4% of all company DB pension plans (gross premium, Q3 2010 and of 28.5% of company DC plans (gross premium, Q3 2010).
• Assets of NOK 245 billion (USD 40.8 billion) as of Q3 20010.
• Fitch awarded ‘A+’ rating to the DnB NOR Group in 2010.
• Member of the Swiss Life Network since 1984.

• Refunds surpluses in excess of shareholders’ profits on risk and administration costs to policyholders in full – the refunds can be used for premium reduction and/or to index running pensions.
• Offers a system which prices the pension plan product more precisely by the days of premium payment, providing the client with greater cash flow flexibility.
• Provides internet / intranet access to corporate pension plan clients for improved communication and administration of group pension schemes.

Types of Benefit - Coverage available and poolable:

• Old Age Pension, DB and DC plans
• Disability Pension (rider)
• Survivors’ Pension (rider)
• Group Life

Types of Benefit - Coverage available:

• Endowment
• Accidental Death & Dismemberment
• Medical
• Critical Illness
• Worker’s Compensation Insurance
• Non-Life Insurance through DnBNOR Skade AS
• Unit-Linked Products for individuals and groups

Available Financial Products:

• Company–Specific Portfolios (offered since 2008), Asset Management, Banking, Bank Products/Services through the owner, DnB NOR