Länsförsäkringar Alliance: Interim Review January-June 2019
”The first half of 2019 for Länsförsäkringar can be summarised by healthy growth and returns, but a higher number of non-life insurance claims.The Länsförsäkringar Alliance reported strong operating profit for the first half of 2019. Operating profit for the non-life insurance operations amounted to SEK 6.5 billion, boosted by 4% growth in premiums and investment income of SEK 7.0 billion. The stock markets reported a very strong end to the half-year. However, the Länsförsäkringar Alliance’s claims costs increased, primarily due to natural catastrophes such as storms, one of which was