Investor service

Topdanmark wants to inform about the Group's affairs in a transparent and comprehensive manner. Read about Topdanmark's IR policy and find answers to frequently asked questions about Topdanmark, share, management, strategy and other investor-focused questions.

Log in to investor portal

Register the electronic information to shareholders.

Log in

IR policy

Topdanmark wishes to openly and sufficiently inform investors, analysts and other stakeholders on the Group's matters in order to ensure that as far as possible:

  • All market participants have equal access to timely and comprehensive information on the Group’s activities to support a fair pricing of and increased liquidity in Topdanmark’s financial instruments.
  • That great knowledge and trust are gained for the Topdanmark share as well as credibility in the company’s communication through open and active dialogue with the capital markets.
  • That there is a low volatility in the Topdanmark share through a consistent and uniform information stream, which help reduce the capital costs.
  • That any question is answered provided that the answer does not require disclosure of insider information or by other means can be of harm or nuisance to the Group.

Read the IR Policy here

Shareholder structure

As the Danish institutional investors have increased the foreign proportion of their equity portfolios for a number of years, Topdanmark has increased its proportion of foreign shareholders registered by name. Since 1997 until 18 April 2023 the proportion of foreign shareholders has increased from 2% to 73%.

Relevant links

List of relevant links here

To investors and analysts who follow Topdanmark  
Link to the discount curve and to the technical description of the new interest rate curve (In Danish)

Relevant Industry Links  

Insurance & Pension Denmark
Forsikringsoplysningen (In Danish)
Forsikringsguiden (In Danish)

Relevant links for Topdanmark's investment return

Danish Equities: Capped total index

Foreign Equities: MSCI World in local currency

Lower-rated credits:     
Bloomberg's information system – ITRXTX5I "Index"

EPS consensus: EPS consensus revisions: last 18 months

Investor FAQ

  • On what stock exchange are Topdanmark's shares traded?

    They are traded on Københavns Fondsbørs, (NASDAQ Copenhagen A/S). Topdanmark's shares are included in the OMXC Large Cap index.

  • What is the average daily trade of the Topdanmark share?

    The average daily share trading on NASDAQ Copenhagen A/S was DKK 28m in 2022 (2021: DKK 36m).

  • How many shareholders does Topdanmark have?

    Around 43,000.

  • How can I get the current price of Topdanmark's shares?

    See chart on Share price showing the current share price.

  • What is the share structure of Topdanmark?

    About 72% of the shares are owned by foreign shareholders. Only Sampo plc owns more than 33.3% of the share capital, and Mawer Investment Management owns more than 5% of the share capital. Read more.

  • What changes have been seen in Topdanmark's large shareholders?

    Sampo plc owns more than 33.3% of the share capital, and Mawer Investment Management owns more than 5% of the share capital. Read more.

  • How does Topdanmark wish to create shareholder value?

    It is Topdanmark's objective to generate added value to shareholders by ensuring them a long-term, competitive stable return. The value of the Company represents: The present value of the expected cash flow from existing activities plus the present value of new business opportunities.

  • What is Topdanmark's dividend policy?

    Topdanmark’s Board of Directors has adopted a dividend policy according to which dividend distribution will take place via annual distribution of dividends. Distribution of dividends will take place immediately after the approval at the annual general meeting. The dividends will correspond to a payout ratio of minimum 70%.

  • What is Topdanmark's position on Corporate Governance?

    Topdanmark supports the principles of good Corporate Governance and meets all significant recommendations for Corporate Governance from the Committee on Corporate Governance. Read more.

  • What are the greatest risk factors in Topdanmark?

    Topdanmark's highest risk areas are those of storm and fire. Topdanmark's risk factors are described on Risk management page.

  • When is Topdanmark's next Annual General Meeting?

    The next Annual General Meeting will take place at 26 April 2023.

  • What is Topdanmark's fiscal year?

    It is the calendar year.

  • Who should I contact regarding shareholder and IR questions?

    Topdanmark's head of IR, Robin Løfgren, is responsible for relationships with Danish and foreign share analysts and institutional investors. Topdanmark's Share Administration Department is responsible for relationships with private shareholders.

  • Who should I contact regarding share administrative questions?

    Topdanmark's Share Administration, tel:+45 44 68 44 11, Monday to Friday 10-14


Robin Løfgren
Head of Investor Relations
IR secretariat
Jens Jørgensen
Head of Shareholder Administration