Alandia – Sale of Accident and Travel Insurance Portfolio

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We are advising Försäkringsaktiebolaget Alandia in the planned sale of its accident and travel insurance operations to Lähitapiola Etelärannikko Keskinäinen Vakuutusyhtiö.

The sale of the portfolio is part of Alandia’s vision of strengthening its position as a leading European insurance company focusing on marine insurance.

The completion of the sale is pending approval from the boards and general meetings of both companies and from the authorities.