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Details from Ívarr’s life are known from his þáttr in Mork (1928-32, 354-6) and in H-Hr (Fms 7, 103-6). He was an Icelander of good family and could have been the son of Ingimundr inn gamli ‘the Old’ Þorsteinsson of Vatnsdalur, who had a son called Ívarr (see LH 1894-1901, II, 59-60). According to Skáldatal (SnE 1848-87, III, 254-5, 262-3, 276), Ívarr composed about King Magnús berfœttr ‘Barelegs’ Óláfsson (d. 1103) and Magnús’s sons Eysteinn (d. 1122) and Sigurðr jórsalafari ‘Jerusalem-farer’ (d. 1130), as well as about Sigurðr slembidjákn ‘Fortuitous-deacon’ (?) (d. 1139). Only his poem about the latter survives. See also SnE 1848-87, III, 619-22.