Seesam takes over Polaris Life clients
Nov 04, 1999
By Kairi Kurm
TALLINN - Seesam Life Insurance announced on Oct. 25 that it is ready to assume management of all 10,000 life insurance policies issued by Polaris Life Insurance, declared bankrupt on Oct. 22. Its life insurance policies are worth 35 million kroons ($2.43 million).Seesam Life Insurance, a subsidiary of the Finnish insurance company Pohjola, presently owns 5.4 percent of the Estonian life insurance market while Polaris Life has a 10.2 percent share.Seesam's management believes that most of Polari ...
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