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.
Strongly growing life insurer with €10bn assets under management
Excellent market position based on cost leadership and good service quality
Support management in its successful development of FuturPension
Viking Life SCS, Polaris Private Equity, Co-Investors
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.
Exceptional 2019 results of Acathia´s portfolio company FuturPension
Acathia completes acquisition of Danica Pension Sweden
Acathia together with co-investors acquires life insurer Danica Sweden