Statistical news focuses on the latest figures and trends in Danmarks Nationalbank’s statistics. Statistical news is targeted at people who want quick insight into current financial data.
Insurance and pensions twice the size of GDP
By the end of the third quarter of 2019, the balance of the insurance and pensions sector (I&P) totaled kr. 4,773 billion, which is approximately twice the size of Denmark's gross domestic product. Life insurance companies have, as the largest part of the sector, a total balance of kr. 2,663 billion, while the total balance of pension funds amount to kr. 1,938 billion. General insurance has a balance of kr. 172 billion. These figures are available in Danmarks Nationalbank's newly published quarterly statistics on insurance and pension.