Nordea buys EUR 400m pension portfolio

Nordea has acquired a pension portfolio of from Norwegian company Frende Livsforsikring

Photo: Philip Davali/Philip Davali, Ekstra Bladet

Nordea has agreed to acquire occupational and individual pension portfolios from Norwegian insurance company Frende Livsforsikring and intends to combine the business with Nordea’s own insurance company, Nordea Liv Norge, writes the company in a press release.

Frende has offered insurance services in Norway since 2007.

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