A new look for Skandia Liv

Insurer Old Mutual said yesterday it was considering demutualising Skandia Liv, its Swedish life assurance company which is run on a mutual basis. The insurer said both Skandia, the Swedish insurer it bought in 2006, and Skandia Liv had appointed independent advisors. Any demutualisation proposal, however, would have to be approved by Skandia Liv policyholders. - Reuters

Insurer Old Mutual said yesterday it was considering demutualising Skandia Liv, its Swedish life assurance company which is run on a mutual basis. The insurer said both Skandia, the Swedish insurer it bought in 2006, and Skandia Liv had appointed independent advisors. Any demutualisation proposal, however, would have to be approved by Skandia Liv policyholders. - Reuters

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