FuturPension Försäkrings AB (2019)
FuturPension (formerly Danica Pension) is a Swedish life insurance company focusing exclusively on unit-linked life insurance business. As the cost leader in Sweden, FuturPension has increased its market share eightfold from 1% to around 8% over the last ten years and has consistently grown its assets under management with an average growth rate of more than 20% per year. AuM have grown by almost 70% from around €8 bn. to around €13 bn. within 2 years since our investment beginning of 2019. We continue to support the management in implementing its successful growth strategy in a spirit of partnership together with our investment partner Polaris Private Equity and co-investors.
For this investment, Acathia has established the investment vehicle Viking Life SCS which is backed by German insurers and pension funds and is lead investor in FuturPension.
Investment details
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Strongly growing life insurer with €10bn assets under management
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Excellent market position based on cost leadership and good service quality
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Support management in its successful development of FuturPension
Seller
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Danske Bank
Buyer
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Viking Life SCS, Polaris Private Equity, Co-Investors
News
04.01.2021
FuturPension with record € 13bn. AuM in 2020 (+20%). AuM have grown by almost 60% from €8 bn. to €13 bn. within 2 years since our investment beginning of 2019.
Record performance of FuturPension 2020
02.06.2020
Exceptional 2019 results of Acathia´s portfolio company FuturPension
02.05.2019
Acathia completes acquisition of Danica Pension Sweden
Press release – Acathia completes acquisition of Danica Pension Sweden.pdf
11.12.2018
Acathia together with co-investors acquires life insurer Danica Sweden
Press release – Acathia together with co-investors acquires life insurer Danica Sweden.pdf