Nordic insurer signals changes to investment strategy

When the sale of the Topdanmark’s life insurance unit to Nordea is finalized, the insurance firm will alter its strategy and investment setup, says CEO.
Topdanmark vil formentlig afhænde de typer af aktiver, er er mest krævende at forvalte, fortæller topchef Peter Hermann. | Photo: Stine Bidstrup/ERH
Topdanmark vil formentlig afhænde de typer af aktiver, er er mest krævende at forvalte, fortæller topchef Peter Hermann. | Photo: Stine Bidstrup/ERH
BY ANDREAS ABILDLUND, FINANSWATCH, TRANSLATED BY DANIEL FRANK CHRISTENSEN

Denmark’s second-largest insurance company Topdanmark will be updating its strategy and investing setup when the company’s managed assets decrease after selling life insurance unit Topdanmark Liv to Nordea, says Chief Executive Peter Hermann.

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