The right to transfer insurance capital has gradually expanded, making it possible to move an increasingly larger portion of the saved insurance capi-tal. There have been periods of very positive capital returns on the managed insurance capital, which has contributed to the increase in the capital that is transferable. Therefore, looking solely at the amount of capital moved is not necessarily indicative of whether the number of transfers has increased or decreased.
In 2023, just over 75 billion SEK of insurance capital was moved to another life insurance or occupational pension company. Of the capital moved, 60 per cent was occupational pension mediated outside of selection centres and 35 percent was occupational pension mediated through selection centres. The remaining consisted of private pension insurance (4 per cent) and private endowment insurance (0.1 per cent).
Over longer period, the transferred insurance capital has increased signifi-cantly. Over the past ten years, the amounts have increased from just under 34 billion SEK in 2014 to just over 75 billion SEK in 2023, which is more than the double. Capital transfers of occupational pension mediated outside of se-lection centres account for the largest part of the increase.
