Mandatum Life Baltic SE has been merged to its Finnish parent company
A cross-border merger between Mandatum Life Baltic SE and its Finnish parent company Mandatum Life Insurance Company Ltd has been completed. More information on restructuring process was published on October 13, 2017. Mandatum Life will continue its operations in all Baltic countries through branches.
Restructuring enables Mandatum Life to increase the profitability of the Baltic operations but also to develop and strengthen the co-operation and synergy benefits within the whole Mandatum Life Group. The merger gives also more opportunities to develop and enhance business opportunities in all of the three Baltic countries.
The merger will not have any effect to the clients and all valid insurance policies will continue under the same terms they were before the merger.
Head of Baltic Operations, Sanna Rajaniemi, email@example.com, p. +358 050 424 6655