STOREBRAND ASA: Q3 Interim Result 2019 – Strong Solvency, Increased Growth in Savings and Group Result of NOK 700 million
· Group result of NOK 700 million for the third quarter and NOK 1,311 million year to date. · Solvency ratio 177%. · Good customer returns generated NOK 99 million in earned, but not booked, profit in the quarter, and NOK 265 million year to date. · Strengthened position as the largest private asset manager in Norway, with NOK 786 bn in assets under management. - Storebrand delivers good profit development in the quarter. The growth in Savings continues, and we generate strong returns for our customers. I would like to highlight the strong growth in the Swedish business SPP,