The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Jan Gjerland - ABG Sundal Collier - Analyst
: Thank you for taking my question. I have two, if I may. The first one is on the asset management sale, which you did. The investment fee level in
Q4 will be impacted by the sale, but it -- when did the sale actually happen? Was it as in connection with the translation as you did with the rest of
the banks? Or it will be limited effects for Q4 when it comes to assets under management?
Question: Jan Gjerland - ABG Sundal Collier - Analyst
: Yeah. So we should use that date for it. When it turns to this payment and the fee income line when it comes to spending, et cetera. I didn't catch
the full the payment you paid or you got last year or something from a partnership. How much was that number if you can give us that?
Question: Jan Gjerland - ABG Sundal Collier - Analyst
: Okay. I think that was all for now. Let's see if I've more. Thank you.
Question: Jan Gjerland - ABG Sundal Collier - Analyst
: Yes. I had two more, sorry. The level of hedges, which Sofie pointed to, what is the number now, and for how many years do you have it on the
duration? And are you still buying it constantly, so are you still buying it on the way down, so to speak?
Question: Jan Gjerland - ABG Sundal Collier - Analyst
: Okay. So it will not show in the -- yeah, it will show in the OCI actually, the change in the value.
Question: Jan Gjerland - ABG Sundal Collier - Analyst
:
Question: Jan Gjerland - ABG Sundal Collier - Analyst
: Okay. Just on the asset quality, you mentioned that you sort of guided to zero. You had a net reversal now by nine months. You have peers, a very
small peer though, coming out with a earnings upgrade when it comes to asset quality. Is it anything, should we read anything into the numbers
rather than that zero is between 0.5 high and 0.5 low somewhere?
Question: Jan Gjerland - ABG Sundal Collier - Analyst
: Okay. Just final insurance on this Health and Accident portfolio. Is that -- should we treat that separately from the other treatment? Or is the lower
end of DKK1.4 billion to DKK1.6 billion for the whole book, including the Health and Accident book?
Question: Jan Gjerland - ABG Sundal Collier - Analyst
: Very clear. Thank you. That's all from my side. Thank you for your answers.
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