Nordea to acquire pension portfolios from Frende Forsikring in Norway
Nordea has agreed to acquire the occupational and individual pension portfolios from Frende Livsforsikring AS (“Frende”) and intends to combine the business with its Norwegian insurance subsidiary Livforsikringsselskapet Nordea Liv Norge AS (“Nordea Liv”). As part of the transaction, Nordea Liv will also enter into a long-term agreement to distribute pension products with the Norwegian savings banks which own Frende. Frende has offered insurance services in Norway since 2007. Its occupational and individual pension portfolios have total unit-linked assets of approximately NOK 4.2 billion,
Feedback from passengers who joined A-ROSA’s first post COVID-19 lockdown cruisesRostock, 6 July 2020 – A-ROSA River Cruises set sail again mid-June. Guests from Germany and other European countries eagerly awaited their voyages on the line’s premium vessels. The first sailing was on the Rhine river, taking guests to the vibrant Dutch cities of Amsterdam and Rotterdam and then cruising south on the romantic Mosel, through fairy tale like countryside, passing lush terraced vineyards, quaint villages and ancient castles.
Guests’ unanimous feedback was that the new health and hygiene