# Frende Holding

Frende Holding is an Insurance based in Bergen, Norway.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Bergen, Norway
- **Region:** Europe
- **Address:** Jonsvollsgaten 2, 5011 Bergen, Norway
- **Founded:** 2007
- **Assets under management:** Undisclosed
- **Website:** www.frende.no
- **LinkedIn:** https://www.linkedin.com/company/frende-forsikring

## Regulatory record

- **Reports private funds:** No

## About

Insurance Company. Vær en Frende. Det handler om å bry seg litt ekstra, strekke seg litt lenger for kundene, hverandre - og miljøet rundt oss.

## Sectors

- Real Estate
- Private Credit
- Infrastructure

## People

- Jan Erik Kjerpeseth — Chairman of the Board
- Vegar Styve — CEO of Frende Forsikring

## Questions

### Where does Frende Holding's capital come from?

Capital originates from policyholder premiums collected through Frende Forsikring's property and casualty insurance products. The shareholder banks — Sparebanken Vest, Sparebanken Norge, and Sparebanken Øst — provide the initial capital base and distribution networks, but ongoing investment funds are generated by the insurance operations themselves.

### What does Frende Holding invest in?

The investment portfolio holds predominantly Nordic assets. Confirmed holdings include the Jonsvollskvartalet commercial property in Bergen. The broader strategy allocates to Scandinavian fixed-income securities, private credit, and real estate, with an investment posture calibrated to match long-dated insurance liabilities in Norwegian kroner.

### How is Frende Holding related to Sparebanken Vest?

Sparebanken Vest is the largest founding shareholder of Frende Holding. The insurance company was created as a collaborative vehicle for multiple savings banks, with Sparebanken Vest acting as the anchor institution. The relationship is one of ownership and distribution — Frende products are sold through the bank's branch network — rather than a parent-subsidiary consolidation.

## Related profiles

- [Freistaat Sachsen](https://altss.com/profile/freistaat-sachsen)
- [FRG Family Wealth Advisors](https://altss.com/profile/frg-family-wealth-advisors)

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Last updated: 2026-05-30T16:16:28.609Z

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