New name for one of Sweden's largest life insurance companies
New name for one of Sweden's largest life insurance companies Effective on 1 February, Alecta will be the name of Sweden's largest occupational pension companies with more than SEK 350 billion in managed assets. In December last year, it was decided that SPP would sell parts of its 1 operations, including its name and brand, to Handelsbanken . The Parent Company is now changing its name to Alecta and will concentrate on administering and managing pensions for the approximately 1.4 million privately employed salaried employees and pensioners who are covered by the ITP Plan. Assets under