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| Company type | Private company |
|---|---|
| Industry | Financial services |
| Founded | 1855 |
| Headquarters | , |
Area served | Sweden |
Key people | Frans Lindelöw (CEO) |
| Products | Life insurance Savings and investment Asset management Banking Short-term insurance Annuities Mutual funds |
Number of employees | 2,500 (2013) |
| Website | www www |
Skandia is a Swedish financial services corporation that provides insurance, banking and asset management services.
Between 2006 and 2015, the financial group underwent major changes. From having been an insurance company with the main emphasis on non-life insurance to a business that is globally focused on savings, to once again becoming a Nordic banking and insurance group with a focus on security and long-term savings. In February 2006, the South African company Old Mutual took over the majority of shares in the company. In March 2012, Skandia Liv bought Skandia's Nordic operations back from Old Mutual and decided to transform Skandia into a customer-owned, mutual company retaining the Skandia name.