About KLP - in English

KLP - Kommunal Landspensjonskasse - is one of Norway's largest life insurance companies. The company provides pension, financing and insurance services to the local government sector and the state health enterprises as well as to businesses both in the public and the private sectors. The KLP Group's total assets are NOK 263.9 billion.

The formal name of the parent company is Kommunal Landspensjonskasse gjensidig forsikringsselskap (Kommunal Landspensjonskasse Mutual Insurance Company). KLP and its subsidiaries have a total of just over 750 employees.

The Group provides secure and competitive products and services in: 

• Pension and pension fund services:
   
  English guide to KLP's pension scheme
   
  Polish guide
  
  Urdu guide
  
  Arabic guide
  
  
• Banking
• Insurance
• Fund and asset management
• Property

KLP is the leading provider of occupational pensions to the public sector and associated organisations. The mutual ownership model of the parent company in which a customer is also an owner means that KLP must always supply products and solutions in consultation with its customers.

KLP's subsidiaries:

• KLP Skadeforsikring AS is the largest supplier of non-life insurance to Norwegian municipalities.
• KLP Eiendom AS is one of Norway's largest property management companies.
• KLP Fondsforvaltning AS is a large funds manager.
• KLP Kapitalforvaltning AS is one of Norway's largest asset managers.
• KLP Forsikringsservice AS is a leading supplier of pension fund services to the local government sector.
• KLP Bedriftspensjon AS offers defined benefit pensions and defined contribution pensions to companies in both the private and the public sector.
• KLP Banken AS is a “day-to-day” bank providing good and simple saving and borrowing services.
• KLP Kommunekreditt AS has considerable experience in lending to Norwegian municipalities and their enterprises.
• KLP Alternative Investments plc enables KLP to specialize active management mandates further in order to increase the return on the life company’s money

Pension agreements with the Company:
332 municipalities and county authorities
2 500 companies 
25 state health enterprises
4 regional state health enterprises

The pension scheme covers: 
304 000 occupationally active members
155 000 pensioners
115 000 previous employees

See the page on our corporate values.