The EC Commission approves the new P&C company
The EC Commission approves the new P&C insurance company (Skandia, Storebrand, Pohjola) The EC Commission has now decided to approve the new Nordic property & casualty insurance (P&C) company from a competition standpoint. Skandia and Storebrand first announced the formation of a new Nordic P&C company in February through the merger of Skandia's and Storebrand's P&C operations. In June, Pohjola affiliated itself with the new company through its P&C operations. The question of approving the new company from a competition standpoint thereby came under the jurisdiction of the EC Commission. As