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Alka was created by the merger of
Workers' Life Insurance, founded in 1903 and Danish Cooperative Assurance, founded in 1929, both working with the Danish labor movement. Over its history, Alka has grown by a series of acquisitions: Alka bought Nordlyset Insurance from English Provincial in 1992; and
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Some 55% of Alka's shares are owned by trade unions, 35% by cooperative enterprises, including
Arbejdernes Landsbank, and 10% by sister companies.
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in 1998, it took over the Danish subsidiary of the
Swedish insurer, Salus Ansvar. In 2001, Alka bought by the German insurance group
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that was established in 1944. Alka provides accident and life insurance. It is owned by trade unions and associated organisations.
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Financial
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Christine Ennew; Nigel Waite; Roisin Waite (18 July 2013).
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