If P&C Insurance

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If P&C Insurance Company Ltd.
Industry Insurance, financial services
Founded 1999
Headquarters Stockholm, Sweden
Area served Sweden, Norway, Finland, Denmark, Russia, Estonia, Latvia, Lithuania
Key people Torbjörn Magnusson
CEO
Products Insurance annuities, mutual funds
Owners Sampo Oyj
Employees 6,830 (2013)
Website if-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, Lithuania and Russia. In 2013, the group had gross premiums written of SEK 39 billion and 6,830 employees.

History[edit]

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.

Torbjörn Magnusson was appointed President and CEO a year later.

In the Spring of 2004, Sampo acquired Storebrand’s, Skandia’s and Skandia Liv’s holdings of If shares.

External links[edit]