SpareBank 1 SR-Bank ASA (SRBANK); Fremtind has been granted a licence to operate life insurance activities
Fremtind Forsikring AS has been granted permission by the Financial Supervisory Authority of Norway to operate life insurance activities through its wholly-owned subsidiary Fremtind Livsforsikring AS. The establishment of Fremtind Livsforsikring AS will be implemented by the demerger of assets and liabilities from SpareBank 1 Forsikring AS and DNB Livsforsikring AS respectively. The demerger means that the individual personal risk insurances from SpareBank 1 Forsikring AS and DNB Livsforsikring AS, as well as the personal risk insurance cover paid for by companies, from SpareBank 1