Releases - Alecta

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Alecta has lowest costs in the industry

10/27/2006 4:00 AM EST
Alecta distinguishes itself among life insurance companies due to its low costs. At the same time, return for the first nine months of 2006 was 5.1 per cent.
Alecta has reduced the operating expenses for its pension products still further from an already low level. The management expense ratio for the first nine months of 2006 was 0.12. This represents a continued improvement over the level for the first six...

High return in a changing business environment

10/28/2005 5:13 AM EST
Alecta’s total return was 11.5 per cent in the first nine months of 2005.
Collective agreement parties the Confederation of Swedish Enterprise and the Federation of Salaried Employees in Industry and Services (PTK) have announced the commencement of new negotiations of the ITP agreement. The criteria are a competitive plan where the individual is given greater influence over the choice of pension...

Continued good return

9/1/2005 4:12 AM EST
The occupational pensions company Alecta’s total return for the first half of 2005 was 8.3 per cent. This outperformed the industry average for the same period. At the same time, funding is satisfactory.
Alecta achieved a total return of 8.3 per cent for the first half of 2005. During the same period last year the total return was 4.9 per cent. The total return is 1.2 percentage points better than the average...

Good return and strong finances

4/28/2005 3:05 AM EST
Occupational pensions company Alecta’s collective funding ratio, assets in relation to commitments, was 131 per cent at 31 March. Total return for the first quarter of 2005 was 2.5 per cent.
Alecta’s collective funding ratio was 131 per cent at the end of the first quarter of the year. This exceeds the 110 – 130 per cent stipulated in Alecta’s funding policy.

Alecta’s President Tomas Nicolin comments: “The...

Good return with low risk

11/4/2004 7:53 AM EST
Occupational pensions company Alecta achieved a total return of 6.3 per cent for the first nine months of 2004. This is higher than the average total return for Swedish life insurance companies. At the same time, Alecta continues to focus on improved service to customers.

Alecta's total return amounted to 6.3 per cent in the first nine months of 2004. The industry average, according to the Swedish...

Annual report 2002

6/6/2003 12:04 PM EST

Alecta 2002: Satisfactory solvency despite negative total return

3/5/2003 3:17 AM EST
Alecta 2002:
Satisfactory solvency despite negative total return

* Collective solvency reserve on December 31, 2002 amounted to
SEK 31.7 billion (2001: 60.8). The collective solvency margin was 113
percent (124) and the solvency ratio was 6.8 (13.1). Due to the
considerable downturn in stock markets, a number of actions were taken
in October to improve the company's...

Measures for improved consolidation Freeze on client-company funds lifted

10/28/2002 7:01 AM EST
Measures for improved consolidation
Freeze on client-company funds lifted

The Board of the occupational pension insurance company Alecta has
decided on a number of strong measures to secure Alecta's capability to
fulfill its insurance undertakings in the short and long term.

As a result of these measures, the temporary freeze on the client-
company funds ceases as of...

Alecta freezes payment of client-company funds

10/3/2002 5:17 AM EST
As a consequence of the general trend of the stock exchange, Alecta has
decided, effective as of October 3, to temporarily freeze all use of
client-company funds.

Payments approved by Alecta through October 2 will be made as scheduled.

Additional information will be provided on October 31.

During the freeze period, Alecta will not conduct any matching in the

The Alecta Group 2001: Stable solvency and high premium income

3/7/2002 8:10 AM EST
The Alecta Group 2001:
Stable solvency and high premium income

* The collective solvency reserve amounted to SEK 60.8 bn (2000:
71.9) at 31 December 2001. The collective solvency margin remained high
at 124 per cent (127).

* The loss for the year after tax amounted to SEK 4.4 bn (profit
3.2). This decline in earnings was mainly due to a SEK 20.5 bn decrease

Alecta

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Alecta offers the occupational pension ITP – a pension that is paid for by the employer. We manage assets of almost SEK 420 billion. Our clients and owners are 27,000 companies and 1.6 million private individuals. Alecta...

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