Länsförsäkringar Alliance: Interim review January – September 2011
“The results trend for the non-life insurance operations has been moving in the right direction for several quarters now. We are continuing to focus on operating expenses to enhance efficiency. Extensive efforts are being made to reduce IT costs and clear results will be generated over the next few years. The improved technical result for non-life insurance, combined with higher profitability in the bank, was noted in low-risk operations. In these times of financial uncertainty, low risks and stable profitability in our underlying operations provide strong confirmation that we can meet the