Denmark

Going it alone

Jyske Bank, based in Denmark, has traditionally distributed products that have been created by large banks. However, after the financial crisis saw consumer confidence in those banks plunge, Jyske has had to step in to operate as both issuer and…

Model misgivings

The insurance-based nature of Danish pension provision means almost the entire sector will fall under the remit of Solvency II. And despite the Danish industry’s groundbreaking work in stochastically modelling its assets, the potential extension of this…

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