If P&C Insurance Company

If P&C Insurance Company

If P&C Insurance Company was formed in 1999 through the consolidation of Nordic insurance operations that later came under Sampo ownership. Morten Thorsrud serves as chief executive. The company provides property, casualty and motor coverage to households and businesses throughout the Nordic and Baltic region. The investment portfolio is dominated by fixed income, with $11.5 billion allocated to European investment-grade bonds. If also holds limited-partner interests in EQT Mid Market Fund and has taken positions in Aiden Auto. Additional holdings include full ownership of Viking Assistance Group AS in Norway and Vertikal Helseassistanse AS. Geographic reach centers on the Nordic countries with secondary exposure across the Baltic states and selected European markets through the fixed-income book. If maintains offices in Solna, Ballerup and London. In January 2024 the firm sponsored the If Tech Conference in Stockholm. It runs the If Helps A Lot philanthropic program focused on climate and community projects in the Nordic and Baltic countries. The company is audited by Deloitte and retains Snellman and Clyde & Co for legal work. If operates as a wholly owned operating subsidiary of Sampo plc rather than an independent asset manager. This structure channels investment decisions through the parent’s capital-allocation framework while preserving local underwriting autonomy in each Nordic market.