Folksam sells its share in Folksam Skadeförsäkring to Fennia October 2, 2018 Folksam General has signed an agreement to sell its 75 percent stake in Folksam Skadeförsäkring with operations in Finland. The shares are sold to the Finnish insurance company Fennia. The other owners of Folksam Skadeförsäkring, Aktia Bank (10 percent) and Veritas Pension Insurance (15 percent) also sell their shares to Fennia. “This is a good....
Folksam Group invests in infrastructure fund July 3, 2018 Folksam Group will invest EUR 125 million, equivalent to just over SEK 1.2 billion in Macquarie’s infrastructure fund, the Macquarie Super Core Infrastructure Fund (MSCIF).
Folksam Group invests in credit fund June 26, 2018 Folksam Group invests a further SEK 2 billion in the Brunswick Real Estate Capital II credit fund. The fund is a credit fund that lends capital to commercial real estate in Sweden through senior secured loans. – The investment is part of our ambition to generate maximum risk-adjusted returns to our customers. This is an....
The Folksam Group and Aberdeen Standard Investment launch new real estate fund May 3, 2018 The Folksam Group and Aberdeen Standard Investments are launching AIPP Folksam Europe II, a fund in fund that invests in real estate, and which is only open to companies within the Folksam Group. The intention is to invest 300 million Euro in the European real estate market over the next three-four years, starting with an....
The Folksam Group to make its biggest acquisition of green bonds – investing SEK 3 billion in green bonds from the European Investment Bank April 19, 2018 The Folksam Group is acquiring green bonds valued at approximately SEK 3 billion (USD 400 million) issued by the European Investment Bank. This will be the Folksam Group’s biggest single acquisition. With this, the Folksam Group will have invested around SEK 20 billion in green bonds over two years’ time. The European Investment Bank (EIB)....
NEC Annual Report 2017 March 8, 2018 Nordic Engagement Cooperation (NEC), a collaborative engagement network between some of the largest Nordic institutional investors Folksam, Ilmarinen Mutual Pension Insurance Company, KLP and PFA, has published its 2017 Annual Report. The report describes progress, challenges and successes from the engagement dialogue with investee companies, undertaken by the investor network in cooperation with engagement service....
Kajsa Moström – new Head of Folksam Group Media Relations February 13, 2018 Kajsa Moström has started in her role as Vice President and Head of Folksam Group Media Relations. “I am happy to have recruited such an experienced individual to lead and develop our media relations and our crisis communications,” says Erik von Hofsten, Senior Vice President and Head of Folksam Group Communications. “Kajsa will be a....
The Folksam Group invests USD 350 million in World Bank bonds February 12, 2018 The Folksam Group has in a private placement acquired bonds issued by the World Bank (IBRD) to a value of USD 350 million. Through this investment The Folksam Group aims to highlight the UN’s 17 Sustainable Development Goals (SDGs) with particular emphasis on four of them. – Working for a sustainable world is at the....
Folksam sells its shares in Alka December 4, 2017 Folksam Sak has signed an agreement to sell its 10.08 per cent stake in the non-life insurance company, Alka Forsikring (“Alka”). The sale is completed together with the company’s other owners and the total price amounts to 8.2 billion Danish kroner. “This is a fantastic deal for our non-life insurance customers. In addition to the....
Folksam Group in new acquisition of green bonds from the World Bank Group September 13, 2017 Folksam Group has in a private placement acquired green bonds issued by IFC, the private sector arm of the World Bank Group, to a value of USD 350 million. Thus, the target of SEK 12 billion is reached and a new goal of SEK 25 billion has been set. The investment of USD 350 million....