Alm. Brand

Alm. Brand (until 2002 Alm. Brand af 1792) is a Danish financial services group operating within the markets for non-life, life and pension insurance as well as banking.

Alm. Brand
TypeAktieselskab
IndustryFinancial services
Founded1792
HeadquartersCopenhagen, Denmark
Key people
Søren Boe Mortensen
CEO
ProductsGeneral insurance services
Total assets5,548,000,000 Danish krone (2015) 
Websitealmbrand.dk

History
Alm. Brand's headquarters in Copenhagen's former Freeport

The company was founded in 1792 and its activities were originally limited to mutual fire insurance of buildings in rural communities.[1] Since 1987, Alm. Brand has been based in Company House on Middle Pier in the Southern Freeport area of Copenhagen. The building was designed by PLH Architects and previously housed East Asiatic Company.[2]

In October 2020, Sydbank acquires Alm. Brand Bank for €250 million from the company.[3]

Structure

Alm. Brand af 1792 fmba, is a limited liability association, holds a 56,8 % share of the shares in the Group. All non-life insurance customers of the Alm. Brand Group are born members of the association.[4]

Subsidiaries
  • Alm. Brand Arbejdsskade A/S
  • Alm. Brand Liv A/S
  • Alm. Brand Bank
  • Alm. Brand Leasing

References
  1. "Gasværket". AOK. Retrieved 2010-01-04.
  2. "Alm. Brand køber ØK-hovedsæde" (in Danish). Børsen. Retrieved 2014-05-26.
  3. "Denmark's Sydbank acquires Alm. Brand Bank". pitchbook.com. 2020-10-02. Retrieved 2020-10-02.
  4. "Group structure". Alm. Brand. Retrieved 2014-05-26.
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