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Skandia Life Insurance Company
Skandia Life Insurance Company is a Nordic banking and insurance group. It was founded in 1855 in Sweden. Old Mutual acquired the firm in 2006.
Skandia Life Insurance Company
Skandia Life Insurance Company is a Nordic banking and insurance group. It was founded in 1855 in Sweden. Old Mutual acquired the firm in 2006. The firm acquired Skandia AB in 2012 and operates as a subsidiary.
General information
Firm type
Insurance
Year founded
1855
AUM
Undisclosed
Location
Region
Europe
Country
Sweden
City
Stockholm
Corporate office
Lindhagensgatan 86, 106 55 Stockholm, Sweden
Sector focus
Frequently asked questions
Who runs investment decisions at Skandia Life Insurance Company?
Investment decisions rest with internal portfolio teams. No individual CIO or CEO is named in public materials.
Does Skandia Life Insurance Company participate in fund commitments or only direct deals?
The firm executes both direct investments and fund commitments. Confirmed direct holdings include Ellevio and multiple Swedish shopping centers.
What investment stages does Skandia Life Insurance Company typically target?
Stage coverage spans early-stage startups through mature operating businesses. Positions include seed and growth companies in energy storage alongside established utilities.
Where does the underlying wealth come from?
Capital originates from insurance premiums and investment returns within the Nordic insurance operations established in 1855.
Does Skandia Life Insurance Company maintain philanthropic structures, and how are they separated?
The firm maintains Stiftelsen Idéer för livet, founded in 1987. The foundation operates separately and supports health and security projects for children and young people in Sweden.
What is Skandia Life Insurance Company's known posture on co-investments alongside external GPs?
The firm co-invests with other Swedish institutions in infrastructure and green technology. Relationships include frequent co-investment activity with Wallenberg Foundations-linked entities.
Which sectors does Skandia Life Insurance Company explicitly avoid?
No explicit avoidance sectors are stated. The firm maintains a documented policy to reduce fossil fuel exposure by 75 percent by 2025.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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