Länsförsäkringar Alliance: Interim Report January - March 2013

  • The solvency capital increased SEK 1.1 billion in the first quarter
  • The technical result in the non-life insurance operations amounted to SEK 265 M (183). The combined ratio for the rolling 12-month period was 96% and for the quarter was 99% (101) and investment income amounted to SEK 1,188 M (1,523).
  • Operating profit for the Bank Group amounted to SEK 136 M (131). Net interest income strengthened to SEK 544 M (482).
  • Profit for Länsförsäkringar Fondliv amounted to SEK 59 M (19). Premium income amounted to SEK 9,528 M (6,620).
  • Profit for Länsförsäkringar Liv amounted to SEK 0.1 billion (3.1). The solvency ratio was 113% (113) and the total return amounted to a negative 2.4% (neg: 1.3).

Figures in parentheses pertain to the comparable period 2012.

Full report

For further information please contact:

Sten Dunér, President Länsförsäkringar AB,
+46 (0)8-588 411 15, +46 (0)73-964 11 15

Malin Rylander Leijon, CFO Länsförsäkringar AB,
+46 (0)8-588 408 64, +46 (0)73-964 08 64

Fanny Wallér, Head of Corporate Communications Länsförsäkringar AB
Phone: +46 8 588 414 69, +46 (0)70-692 77 79

The Länsförsäkringar Alliance comprises 23 local and customer-owned regional insurance companies and the jointly owned Länsförsäkringar AB. Customers are provided with a complete offering of banking and insurance services through their local, regional insurance companies. We offer animal and crop insurance through Agria Djurförsäkring and total solutions for reliable mortgage transactions are offered through Länsförsäkringar Fastighetsförmedling.

About Us

Länsförsäkringar is Sweden’s only customer-owned and locally established banking and insurance group. The customers in each of the counties in the country own their local and independent regional insurance company. The 23 regional bank and insurance companies cooperate in the jointly owned Länsförsäkringar AB, which conducts development and provides services within banking, life assurance, non-life insurance and animal insurance. Länsförsäkringar offers a broad range of insurance and banking services for individuals, companies and farming. All companies within the Länsförsäkringar Alliance are environmentally certified in accordance with ISO 14001.