Storebrand's risk-based approach

News

Oslo-based Storebrand's Skr18 billion (EUR1.9 billion) cross-border raid for Swedish insurer SPP will be followed by a radical reshaping of the former mutual's asset allocation by increasing both diversification and total risk exposure, according to a senior figure with the company.

Hans Aasnaes, managing director of Storebrand's capital market arm, said that if its move to acquire the wholly-owned subsidiary of Sweden's Handelsbanken is successful it will impose a more adventurous approach t

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