Suvarna Garge (Editor)

If PandC Insurance

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Key people
  
Torbjörn MagnussonCEO

Website
  
if-insurance.com

Owner
  
Sampo Group

Number of employees
  
6,830 (2013)

Headquarters
  
Stockholm, Sweden

Founded
  
1999

If P&C Insurance httpsmedialicdncommprmprshrink200200AAE

Products
  
CEO
  
Torbjörn Magnusson (2002–)

Subsidiaries
  
If P&C Insurance, Denmark

Profiles

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

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.

References

If P&C Insurance Wikipedia