If P&C Insurance

If P&C Insurance Company Ltd.
IndustryInsurance, financial services
Founded1999
HeadquartersSolna, Sweden
Area served
Sweden, Norway, Finland, Denmark, Estonia, Latvia, Lithuania
Key people
Torbjörn Magnusson
CEO
ProductsInsurance annuities, mutual funds
OwnerSampo Oyj
Number of employees
6,830 (2013)
Websiteif-insurance.com

If P&C Insurance Company Ltd. is a property and casualty insurance company with approximately 3.8 million customers in Sweden, Norway, Finland, Denmark, Estonia, Latvia and Lithuania. In 2013, the group had gross premiums written of SEK 39 billion and 6,830 employees.[citation needed]

History

If P&C Insurance was formed in 1999 through the merger of the property and casualty insurance operations of Storebrand of Norway and Skandia of Sweden. In 2001, If and Sampo’s property and casualty insurance operations merged.

In 2002, Torbjörn Magnusson was appointed President and CEO.[1]

In the Spring of 2004, Sampo acquired Storebrand's, Skandia's and Skandia Liv's holdings of If shares.[2]

References

  1. ^ "TÅLAMODET MED FÖRLUSTER SLUT Vd tvingas gå från sargat If". Svenska Dagbladet (in Swedish). 2002-02-09. ISSN 1101-2412. Retrieved 2020-06-01.
  2. ^ "Sampo buys majority stake in If P&C Insurance". Euromoney. Retrieved 2020-06-01.
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