Swedish high net worth individuals and investors have access to several types of investments for managing their wealth. What are the key benefits of a Luxembourg life insurance policy (in Swedish a Kapitalförsäkring) compared to other forms of investment?
A life insurance policy stands out as a trusted wealth management solution for Swedish high-net-worth individuals and investors. Unlike the Swedish Investeringssparkonto (ISK), which is restricted to Swedish tax residents, a life insurance can remain valid even if the policyholder relocates abroad. Thanks to its cross-border flexibility, life insurance appears to be an ideal tool for globally mobile investors or expatriates.
There is a legal separation of clients’ assets from the insurance company’s shareholders and creditors, so investors are protected. Luxembourg’s Triangle of Security ensures a robust asset protection through regulatory oversight. This structure protects the policyholder, even in case of insurer insolvency, and allows them to become a first ranking creditor on all regulated assets. An ISK account, by contrast, is directly owned by the investor and thus more exposed.
When it comes to succession planning a life insurance can also be a powerful tool. If extra thought is given to the client’s succession wishes at the set-up the life insurance can be structured in a way that it could live on even after the policyholder has passed away. During the lifetime of the life insurance the policyholder can remove and appoint new beneficiaries and change their parts of the death benefits.
Via life insurance investors can also access the private markets in an optimized way. Over the last years, we have seen within the company an increased interest in Private Equity, and then especially in Sweden. To support our policyholders’ demands to invest in the private markets. we at WEALINS have a team of private equity experts specialized in private equity analysis and ongoing valuation and management.
A life insurance can also be held by legal entities. For Swedish companies this opens investment opportunities for corporate investment strategies, such as treasury management or long-term capital growth. Investors could also benefit from a wider range of financial assets compared to the ones normally available in their countries of residence.
In a nutshell, a Luxembourg based life insurance combines cross-border flexibility, strong asset protection, a broad investment universe and efficient succession planning, making it an ideal wealth management solution for globally mobile Swedish investors and high-net-worth individuals.
What are the current expectations of wealthy Swedish clients in terms of wealth management and structuring? How can a life insurance be adapted to meet these expectations, specifically in terms of international mobility and asset diversification?
As Swedish high-net-worth individuals seek more sophisticated wealth management solutions a Luxembourg based life insurance is emerging as a strategic solution to evolving expectations. Designed for international mobility, a life insurance offers seamless portability across borders—an essential feature for globally active Swedish clients often moving from Scandinavia to the mediterranean countries and looking for cross-border investment solutions, effective wealth structuring and long-term optimization.
Governance and succession planning are also key drivers: discretionary beneficiary designation and trust-like features within the contract allow for clean, controlled wealth transfer across generations. Tax efficiency enhances attractiveness while promoting long-term wealth planning. Indeed, life insurance offers a flexible and secure way to transfer assets, allowing policyholders to designate beneficiaries across several generations while optimizing tax efficiency and ensuring that their intentions are respected.
In a context where hyper-personalization of wealth management/planning and compliance across borders are key, a life insurance offers a long-term solution tailored to the complex expectation of Swedish clients.
WEALINS has been active in Sweden and the Nordic markets for over 15 years and has developed a genuine expertise. How does WEALINS stand out from other industry players in supporting these wealthy clients and providing them with personalized solutions to their wealth management and structuring needs?
With over 15 years of active presence in Sweden and the Nordic region, we have gained a reputation for delivering solutions that meet the evolving needs of high-net-worth individuals. Backed by the stability of our shareholder, Foyer Group, we benefit from strong ownership and a long-term vision rooted in entrepreneurial values. Our longstanding focus on Nordic markets—where Sweden, Norway, and Finland represent a significant share of premium income—has enabled WEALINS to strengthen its leading position. Our Nordic experts (with dedicated sales, legal, wealth planning and operational teams) are well recognized for their in-depth knowledge and understanding of the clients’ specific expectations and legislative framework on each market. This demonstrates our commitment to designing flexible solutions that adapt to changes in our clients’ legal and tax environments, offering clarity and continuity across all jurisdictions.
To conclude, our personalized solutions and expertise are aligned with our Swedish clients’ current and future expectations in terms of sustainability, governance and intergenerational wealth transfer. Thanks to our business approach, WEALINS is not only an insurance company, but also a partner for the long-term preservation and transfer of wealth.
