Skandia

Skandia is a name used by several organizations and places in the Nordic region. The most widely known use is Skandia AB, a Swedish financial services company originally established as a life insurer in 1855. Over the years it expanded into pensions, asset management, and other financial services for individuals and institutions, operating in multiple markets worldwide.

In 2006 Skandia was acquired by Old Mutual, and its Scandinavian and other European operations were integrated into Old Mutual’s group. Since then, the Skandia brand has persisted in some markets for life insurance and savings products, while others adopted the Old Mutual name or other regional brands. The exact corporate structure and branding have varied by country and over time as strategic reorganizations occurred.

Beyond its corporate use, Skandia also appears as a historical or geographical name. The term Scandia is a Latin or classical designation for the Scandinavian region, and Skandia has been used in various languages as a spelling variant or brand homage to that heritage. In this sense, it has occasionally appeared in literature, tourism, and corporate naming beyond the insurance sector.

Skandia remains a recognized name in some markets, associated with long-standing experience in financial protection, retirement planning, and wealth management.