Mannheimer Swartling updates

New guidance on classification of insurance‑based investment products
Mannheimer Swartling
  • Insurance
  • Sweden
  • 30 April 2019

The Council for Advance Tax Rulings has further clarified the demarcation between insurance products and other investment products under Swedish law. The council found that a unit-linked insurance plan under which the beneficiary was entitled to 99% of the invested capital on realisation of the insured risk and the policyholder received no risk compensation during the insurance period did not constitute an insurance product under Swedish law.

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