Alka (insurance)
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Alka Forsikring, formally Insurance Joint Stock Alka, is a
Alka was created by the merger of Workers' Life Insurance, founded in 1903 and Danish Cooperative Assurance, founded in 1929, both working with the Danish labor movement.[2] Over its history, Alka has grown by a series of acquisitions: Alka bought Nordlyset Insurance from English Provincial in 1992; and in 1998, it took over the Danish subsidiary of the Swedish insurer, Salus Ansvar. In 2001, Alka bought by the German insurance group Allianz's Danish subsidiary.
Some 55% of Alka's shares are owned by trade unions, 35% by cooperative enterprises, including Arbejdernes Landsbank, and 10% by sister companies.
Alka is headquartered in Taastrup, Copenhagen. Their managing director is Jens Baerentsen.
Alka was the title sponsor of Danish Superliga between 2015-2018.
The company is a member of the
References
- ^ Adinarayan, Thyagaraju (4 December 2017). "Denmark's Tryg's $1.3 billion Alka deal to boost market share". Reuters.
- ISBN 978-1134076024.