2012 – If today
Today we are the leading non-life insurer in the Nordic region with more than 6,400 employees in 9 countries. In addition, we have employees at branch offices throughout the world.
2009 – If 10 years old
In 2009, we celebrate our 10th anniversary. However, that is a somewhat modified truth. Via our various parent companies, we have actually had insurance clients for more than 100 years.
2004 – If wholly-owned by Sampo
In 2004, Skandia and Storebrand sell all of their shares in If to Sampo. We thereby become wholly-owned by Sampo, which is still the case today.
2002 - Stable expansion and new MD
In 2002, our present MD, Torbjörn Magnusson, took the helm and, that same year, we were introduced onto the Baltic markets. When Torbjörn Magnusson became MD, If's operating results turned around and since then we have been one of the world's most stable insurance companies. For example, we have had a total cost percentage (Combined Ratio) of between 89.9 and 92.8 per cent since 2004.
2001 – Sampo becomes part of If
In 2001, Sampo's non-life insurance business becomes part of If and we thereby, incomparably, become the largest non-life insurance company in the Nordic region.
1999 - If is established
The If company, as we know it today, was established in 1999 through the merger of the non-life insurance operations of Skandia of Sweden and Storebrand of Norway. The intention was to form the leading non-life insurance company in the Nordic region.
The name comes from the English word IF, which alludes to ”if something happens”. The company is internationally viable, entirely in line with our vision of establishing ourselves throughout the Nordic region. At the same time, the name symbolises something modern, unique and distinctive. If's logo was displayed externally for the first time in conjunction with the If Stockholm Open in tennis of which we are still main sponsor.