Nordnet establishes Finnish insurance branch and announces upcoming launch of endowment insurance product
Nordnet enters the Finnish market for insurance related investments. An insurance branch is now established and within the next months, Nordnet will launch an endowment insurance (SIP) in Finland.The launch in Finland will be done through a branch of Nordnet’s Norwegian pension company Nordnet Livsforsikring AS, which is a wholly owned subsidiary of Nordnet Pensionsförsäkring AB. The process started in December 2022 when Nordnet submitted a notification to the Norwegian Finanstilsynet, and is expected to conclude during the second quarter of 2023. Once operations in the new branch commence,