Kommunal Landspensjonskasse
Kommunal Landspensjonskasse Gjensidig Forsikringsselskap or KLP is an Oslo-based mutual insurance company that manages the pensions of municipal employees in Norway. As of 31 March 2021, the fund had assets of NOK 813.5 billion (US$95.1 billion), with 337 municipal and county authorities, 31 health trusts and 2,300 public sector firms as clients.
| Company type | Mutual |
|---|---|
| Industry | Financial services |
| Founded | 1949 |
| Headquarters | Oslo, Norway |
Area served | Norway |
Key people | Sverre Thornes (CEO) Arne Øren (chair) |
| Revenue | NOK 43,581 million (2006) |
| NOK 5,086 million (2006) | |
Net income | NOK 5,086 million (2006) |
Number of employees | 550 (2007) |
| Subsidiaries | KLP Eiendom |
| Website | www.klp.no |
It is Norway's largest pension fund and KLP Eiendom is a major subsidiary that manages real estate in Norway and Denmark. State employees are insured through the Norwegian Public Service Pension Fund.
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