OREANDA-NEWS. February 03, 2010. The SEB Group’s life insurance company SEB Trygg Liv Holding AB is the new owner of the subsidiary of AS SEB Pank, reported the press-centre of SEB.

“The change does not concern the clients of SEB Life and Pension Insurance as the company’s name, contracts and services remain the same: this is an internal change where life insurance companies in different countries will become legally owned by the life insurance company of the SEB Group," said Director of SEB Life and Pension Insurance Indrek Holst.

SEB Life and Pension Insurance offers a broad selection of insurance products such as child, life and pension insurance and different investment products. The company has more than 46,000 clients and the assets of clients are valued at almost 1.3 billion kroons. The market share of the assets of SEB Life and Pension Insurance as of the end of 2009 was 26.4%.