Interim report H1 2024: Velliv delivers solid results and strengthens support for customers with illness
The result after tax for the period is DKK 303 million. This is in line with the same period last year, when adjusted for single premium income in 2023 and risk results in 2024.
According to the latest customer satisfaction survey from the research institute Aalund from June 2024, Velliv continues to hold the top position for customer satisfaction and image among corporate customers.
In continuation of the interim report, we have also announced that we are establishing our own health insurance. Watch as CEO Kim Kehlet Johansen explains more about this initiative:
Financial highlights
- Result after tax of DKK 303 million (DKK 533 million in H1 2023)
- Gross Written Premiums (GWP) of DKK 16.9 billion (DKK 17.8 billion in H1 2023)
- Risk results of DKK -320 million (DKK -20 million in H1 2023)
- Customer returns of DKK 14.7 billion (DKK 11.3 billion in H1 2023)
Please note: The video is in Danish, but you can select subtitles in English by clicking the subtitles icon in the bottom of the video.
Velliv increases focus on customer health with new initiatives
Today, Velliv engages in close dialogue with customers before, during and after a sick leave. Velliv continues its efforts to help customers on sick leave, among other things with the help of approximately 2,000 health ambassadors among corporate customers and through our dedicated health and claims teams.
Hear more about Velliv’s health initiatives from Health Director Julie Engelund Sander here:
Please note: The video is in Danish, but you can select subtitles in English by clicking the subtitles icon in the bottom of the video.
More customers choose VækstPension Index and Aftryk
Velliv has the broadest product range in the market, where customers can choose to save up through a wide range of products, including an index product, a savings product with increased focus on sustainability and an actively-managed savings product. Customers' choices are based, among other things, on individual advice, which Velliv offers to both corporate and private customers.
We experience that an increasing share of customers today has a focus on sustainability and costs. Therefore, up to 60 per cent of new premiums go to VækstPension Index and VækstPension Aftryk.
Competitive returns
Velliv's customers achieved a total return of DKK 14.7 billion in the first half of 2024. On average, customers with market-rate products achieved a return of 7.2 per cent. The returns on VækstPension Index and VækstPension Aftryk are competitively strong in the market.
Hear more from Velliv’s Chief Investment Officer Anders Stensbøl in the video here:
Please note: The video is in Danish, but you can select subtitles in English by clicking the subtitles icon in the bottom of the video.