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It was founded in 1883. It was for many years a part of the Vesta Group, and shared leadership with the Vesta Group's flagship Vesta; together they were branded as Vesta-Hygea. After the Vesta Group was bought by Skandia in 1989, the new owners decided to merge Hygea with Norsk Kollektiv Pensjonskasse in 1990 to create Vital Forsikring.
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