Positive Returns on Pension Investments Again After Negative 2022

Denmark’s insurance and pension sector experienced a positive return of DKK 92 billion in the first five months of this year. The upbeat performance can be attributed to gains across all asset classes, including stocks, bonds, and interest rate derivatives. In contrast, the sector incurred losses across all asset classes last year, resulting in a DKK 696 billion loss – primarily due to bond and interest rate derivative losses caused by rising interest rates. Despite the setback last year, the overall return since 2018 remains positive at DKK 428 billion, largely due to strong performance during 2019-2021.