{"id":788,"date":"2025-01-15T14:52:55","date_gmt":"2025-01-15T14:52:55","guid":{"rendered":"https:\/\/www.liv.fo\/?page_id=788"},"modified":"2026-05-05T11:23:19","modified_gmt":"2026-05-05T11:23:19","slug":"ownership-structure","status":"publish","type":"page","link":"https:\/\/www.liv.fo\/en\/ownership-structure\/","title":{"rendered":"Ownership Structure"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Ownership Structure<\/h2>\n\n\n\n<p><strong>The customers own Tryggingarfelagi\u00f0 L\u00cdV through the Ownership Company L\u00cdV and P\/F Fakfelag.<\/strong><\/p>\n\n\n\n<p>The goal is to continuously provide excellent service and return profits through good insurance, low operational costs, and a meaningful return on pension savings.<\/p>\n\n\n\n<p><strong>P\/F Tryggingarfelagi\u00f0 L\u00cdV<\/strong> manages P\/F L\u00cdV Life and Pension Insurance and the subsidiaries within the L\u00cdV group.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1152\" height=\"697\" src=\"https:\/\/www.liv.fo\/wp-content\/uploads\/2025\/01\/fakfelag-og-ognarfelag.png\" alt=\"\" class=\"wp-image-736\" srcset=\"https:\/\/www.liv.fo\/wp-content\/uploads\/2025\/01\/fakfelag-og-ognarfelag.png 1152w, https:\/\/www.liv.fo\/wp-content\/uploads\/2025\/01\/fakfelag-og-ognarfelag-800x484.png 800w, https:\/\/www.liv.fo\/wp-content\/uploads\/2025\/01\/fakfelag-og-ognarfelag-768x465.png 768w\" sizes=\"auto, (max-width: 1152px) 100vw, 1152px\" \/><\/figure>\n\n\n\n<p><strong>Ownership Company L\u00cdV<\/strong><br>Ownership Company L\u00cdV owns 50% of the share capital in P\/F Tryggingarfelagi\u00f0 L\u00cdV.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Established on October 28, 2005. Registered on November 23, 2005.<\/li>\n\n\n\n<li>The company&#8217;s purpose is to own shares in P\/F Tryggingarfelagi\u00f0 L\u00cdV.<\/li>\n\n\n\n<li>The owners are all policyholders and insured individuals in the L\u00cdV group.<\/li>\n\n\n\n<li>The board of directors manages the company.<\/li>\n<\/ul>\n\n\n\n<p><strong>The representative council<\/strong> represents the customers of L\u00cdV at the annual general meeting of the L\u00cdV group.<\/p>\n\n\n\n<p>35 council members are elected from and among the members of the company. Elections are held every four years, and all members are eligible to vote.<\/p>\n\n\n\n<p>Further information about the representative council can be found in the <strong><a href=\"https:\/\/www.liv.fo\/wp-content\/uploads\/2025\/04\/Ognarfelagid-LIV-Vidtokur-samtyktar-23.04.2024-1.pdf\">Articles of association (vi\u00f0t\u00f8kur)<\/a><\/strong> of Ownership Company L\u00cdV.<\/p>\n\n\n\n<p>The board of directors was last elected at the annual general meeting on April 17, 2023.<\/p>\n\n\n\n<p><strong>Board Members:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Noomi K\u00e1rad\u00f3ttir Rasmussen, Chairwoman<\/li>\n\n\n\n<li>Ey\u00f0dis Ellendersen, Vice Chairwoman<\/li>\n\n\n\n<li>Sofus Debes Johannesen, Treasurer<\/li>\n\n\n\n<li>Regin Olsen, Alternate for the Board of Directors<\/li>\n<\/ul>\n\n\n\n<p><strong>Council Members:<\/strong> <strong>2023-2027<\/strong><\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>&nbsp;Absalon Hansen<\/td><\/tr><tr><td>&nbsp;Annfinnur Gar\u00f0al\u00ed\u00f0<\/td><\/tr><tr><td>&nbsp;Annika Beinta Hoydal<\/td><\/tr><tr><td>&nbsp;\u00c1rni Arge<\/td><\/tr><tr><td>&nbsp;Augusta Mikkelsen<\/td><\/tr><tr><td>&nbsp;Bergur Dam Jensen<\/td><\/tr><tr><td>&nbsp;Birgir Sondum<\/td><\/tr><tr><td>&nbsp;Bjarnhe\u00f0in \u00ed Hoyv\u00edk<\/td><\/tr><tr><td>&nbsp;Elin N. W. Tausen<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>&nbsp;Ella Nor\u00f0berg Heinesen<\/td><\/tr><tr><td>&nbsp;&nbsp;Eva H. Bennicke<\/td><\/tr><tr><td>&nbsp;&nbsp;Ey\u00f0dis Ellendersen<\/td><\/tr><tr><td>&nbsp;Finnur Koba<\/td><\/tr><tr><td>&nbsp;Fr\u00edmund Hansen<\/td><\/tr><tr><td>&nbsp;Gudny Benjaminsd\u00f3ttir<\/td><\/tr><tr><td>&nbsp;Haldis Karlsd\u00f3ttir<\/td><\/tr><tr><td>&nbsp;Hanna \u00ed Horni<\/td><\/tr><tr><td>&nbsp;&nbsp;Heine L\u00fctzen<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>&nbsp;J\u00e1kup M\u00f8rk\u00f8re<\/td><\/tr><tr><td>John H\u00f8jsted<\/td><\/tr><tr><td>J\u00f3n Joensen<\/td><\/tr><tr><td>&nbsp;Lisa Frederiksberg<\/td><\/tr><tr><td>&nbsp;Magni G. Joensen<\/td><\/tr><tr><td>&nbsp;Magnus M. Hentze<\/td><\/tr><tr><td>&nbsp;Mogens Eriksen<\/td><\/tr><tr><td>&nbsp;Mona Maria \u00far Fugloy<\/td><\/tr><tr><td>&nbsp;Niclas Hentze<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>&nbsp;Noomi K. Rasmussen<\/td><\/tr><tr><td> P\u00e6tur Niclasen<\/td><\/tr><tr><td>&nbsp;Regin M. Olsen<\/td><\/tr><tr><td>&nbsp;Sigrid J. Dalsgaard<\/td><\/tr><tr><td>&nbsp;Sofus D. Johannesen<\/td><\/tr><tr><td>&nbsp;Suni Frank Simonsen<\/td><\/tr><tr><td>&nbsp;S\u00fasanna Funding<\/td><\/tr><tr><td>&nbsp;Svanna \u00ed Gong<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:37px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong>P\/F Fakfelag<\/strong><br>P\/F Fakfelag owns 50% of the share capital in <strong>P\/F Tryggingarfelagi\u00f0 L\u00cdV.<\/strong><\/p>\n\n\n\n<p>On August 31, 2023, P\/F Fakfelag purchased the shareholding previously owned by the Government of the Faroe Islands in the company, corresponding to 16.67%.<\/p>\n\n\n\n<p><strong>CEO<\/strong>: \u00d3luva \u00ed Gong<\/p>\n\n\n\n<p><strong>Spokesperson<\/strong>: P\u00e6tur Niclasen, <a>paetur@samverk.fo<\/a>.<\/p>\n\n\n\n<p><strong>Board Members<\/strong>:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>P\u00e6tur Niclasen, Chairman &#8211; Samverk<\/li>\n\n\n\n<li>S\u00fani Selfoss &#8211; Starvsfelagi\u00f0<\/li>\n\n\n\n<li>\u00d3luva \u00ed Gong &#8211; The Association of Faroese Nurses<\/li>\n\n\n\n<li>Borgn\u00fd Mohr &#8211; Starvsfelagi\u00f0<\/li>\n\n\n\n<li>Suni Simonsen &#8211; The Faroese Tradesmen\u2019s Association<\/li>\n\n\n\n<li>Arnfinn Bech &#8211; The Association of Mechanical Engineers<\/li>\n\n\n\n<li>Sanna \u00e1 L\u00f8gmansb\u00f8 &#8211; The Faroese Teachers\u2019 Association<\/li>\n<\/ul>\n\n\n\n<p><strong>21 trade unions form P\/F Fakfelag, and they are:<\/strong><\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>Arkitektafelag F\u00f8roya<\/td><td>Havnar Arbei\u00f0skvinnufelag<\/td><\/tr><tr><td>Bioanalytikarafelagi\u00f0<\/td><td>Heilsuhj\u00e1lparafelag F\u00f8roya<\/td><\/tr><tr><td>Ergoterapeutfelagi\u00f0<\/td><td>Heilsur\u00f8ktarafelagi\u00f0<\/td><\/tr><tr><td>Felagi\u00f0 F\u00f8royskir Sj\u00fakrar\u00f8ktarfr\u00f8\u00f0ingar<\/td><td>Kost- og F\u00f8\u00f0slufelag F\u00f8roya<\/td><\/tr><tr><td>Felagi\u00f0 F\u00f8royskir Radiografar<\/td><td>Lj\u00f3sm\u00f8\u00f0rafelag F\u00f8roya<\/td><\/tr><tr><td>F\u00f8roya Byggifr\u00f8\u00f0ingafelag<\/td><td>Maskinmeistarafelagi\u00f0<\/td><\/tr><tr><td>F\u00f8roya Handverkarafelag<\/td><td>Musikkl\u00e6rarafelag F\u00f8roya&nbsp;<\/td><\/tr><tr><td>F\u00f8roya Pedagogfelag<\/td><td>Samverk<\/td><\/tr><tr><td>F\u00f8roya Skipara- og Navigat\u00f8rfelag<\/td><td>Starvsfelagi\u00f0<\/td><\/tr><tr><td>F\u00f8roya Verkfr\u00f8\u00f0ingafelag<\/td><td>Yrkisfelagi\u00f0 Mi\u00f0n\u00e1m<\/td><\/tr><tr><td>Fysioterapeutfelag F\u00f8roya&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ownership Structure The customers own Tryggingarfelagi\u00f0 L\u00cdV through the Ownership Company L\u00cdV and P\/F Fakfelag. The goal is to continuously provide excellent service and return profits through good insurance, low operational costs, and a meaningful return on pension savings. P\/F Tryggingarfelagi\u00f0 L\u00cdV manages P\/F L\u00cdV Life and Pension Insurance and the subsidiaries within the L\u00cdV [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-no-title","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-788","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ownership Structure - Tryggingarfelagi\u00f0 L\u00cdV<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.liv.fo\/en\/ownership-structure\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ownership Structure - Tryggingarfelagi\u00f0 L\u00cdV\" \/>\n<meta property=\"og:description\" content=\"Ownership Structure The customers own Tryggingarfelagi\u00f0 L\u00cdV through the Ownership Company L\u00cdV and P\/F Fakfelag. 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