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World Insurance Report

Storebrand bolsters Nordic life presence with Swedish buy

The acquisition will make the Norwegian group the largest life and pensions provider in the region

The Norwegian long term savings and Insurance group Storebrand is to pay SEK18.0bn ($2.65bn) to the Swedish bank Handelsbanken for SPP Livforsakring, SPP Fonder, and Handelsbanken Life & Pensions (formerly Euroben).

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