SpareBank 1 SR-Bank ASA (SRBANK); Finanstilsynet (FSA) has approved the merger between SpareBank 1 Skadeforsikring AS and DNB Forsikring AS. Updated calculations.
The planned merger between the two non-life insurance companies SpareBank 1 Skadeforsikring AS and DNB Forsikring AS has now been approved by Finanstilsynet (the Financial Supervisory Authority of Norway). The merger will come into force with effect from 1 January 2019. The name of the merged company will be Fremtind Forsikring AS. As part of the transaction, the plan is to demerge the individual personal risk insurance products from SpareBank 1 Forsikring AS (the life insurance company) and DNB Livsforsikring AS, as well as the company-paid personal risk insurance products from