Liv-Alandia – Transfer of Life Insurance Portfolio

We assisted Försäkringsaktiebolaget Liv-Alandia in the transfer of its entire life insurance portfolio to Aktia Life Insurance Ltd through a portfolio transfer in accordance with the Finnish Act on Insurance Companies. The project also involved the cancellation of Liv-Alandia’s licence and its merger into its parent company, Alandia Försäkring Abp. In connection with the reorganisation of the Alandia Group, we also assisted Alandia Försäkring Abp in drafting the terms of T2 subordinated loans.