Storebrand News

Rising Sick Days Are Costing Europe Billions Every Year

Norway, illness is becoming an increasingly trying problem. Workers take more sick days than anywhere else in Europe and absences are at the highest level in 15 years. As companies struggle with chronic shortages, critics blame an overly generous welfare …

Insurer Storebrand to Buy Norwegian Pensions Unit From Danske Bank for $221M

OSLO/COPENHAGEN – Insurer Storebrand has agreed to buy the Norwegian unit of Danish pension provider Danica from Danske Bank, the companies said on Monday. Norway’s Storebrand will pay 2.01 billion Norwegian crowns ($221.4 million) for Danica Pensjonsforsikring AS, the sixth-largest …