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Europe Daily Bulletin No. 8120

29 December 2001
Contents Publication in full By article 19 / 35
GENERAL NEWS / (eu) eu/competition
Commission clears non-life insurance venture between Sampo, Varma-Sampo, Skandia and Storebrand

Brussels, 28/12/2001 (Agence Europe) - The European Commission has given the go-ahead for financial group Sampo Oyj and pension insurer Varma-Sampo, both Finnish, to join the existing non-life joint venture company If Skadeförsäkring Holding AB (If P&C), which is currently controlled by Norwegian banking and insurance group Storebrand ASA and insurer Skandia of Sweden. As a result of the merger, Sampo and Varma Sampo acquire joint control over If P&C together with the two already existing...

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