Brief: Topdanmark Enters Into Cooperation Agreement With Nordea

Topdanmark A/S

16/08/2019 09:08

Aug 16 (Reuters) - Topdanmark  TOP.CO :
    * REG-TOPDANMARK ENTERS INTO COOPERATION AGREEMENT WITH
NORDEA
    * AND NORDEA HAVE TODAY ENTERED INTO A COOPERATION AGREEMENT
    * COOPERATION AGREEMENT TAKES EFFECT AS PER 1 JANUARY 2020
    * COOPERATION AGREEMENT WITH NORDEA IS EXPECTED TO
COMPENSATE FOR
LOSS IN GROWTH IN 2020 BY APPROXIMATELY 0.5PP
    * FROM 2021, IT IS EXPECTED THAT NORDEA AGREEMENT
PREMIUM-WISE
WILL COMPENSATE FOR TERMINATED DISTRIBUTION AGREEMENT WITH
DANSKE BANK

Source text for Eikon:  ID:nGNESpDWq 
Further company coverage:  TOP.CO 

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