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Købstædernes Forsikring
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Overview
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General information
Firm type
Insurance
Location
Region
Europe
Country
Denmark
City
Copenhagen
Corporate office
Copenhagen, Denmark
Principals
Anders Hestbech
CEO
Sector focus
Frequently asked questions
How is Købstædernes Insurance owned?
It is a customer-owned mutual insurer. There are no external shareholders or private equity backers — policyholders effectively own the company, and surplus is retained for their benefit rather than distributed to equity holders.
What does the investment portfolio consist of?
The firm holds directly owned Danish real estate assets, including the Esbjerg Storcenter shopping center, the commercial property at Strandgade 27A in Copenhagen, and a stake in the mixed-use vehicle TG Partners VII Holding P/S. It also operates a separate legacy pension-afvikling vehicle tied to its historical fire-insurance business.
What is Pensionsafviklingskassen for Købstædernes almindelige Brandforsikring?
It is a closed-book pension-runoff vehicle linked to the firm's historical general fire-insurance operations. The entity manages residual pension obligations and represents a legacy structure that is no longer actively writing new business, making it distinct from the active non-life insurer.
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