Storebrand ASA: Q1 Interim Result 2019 - Group result of NOK 733 million
· Group result of NOK 733 million in the first Quarter · Solvency II 173% · Strong cost control - Storebrand presents a first Quarter result with strong cost control, growth in Unit linked savings and increased Assets under Management. The operating profit is weaker in the first Quarter compared to the first Quarter in 2018, mainly due to extraordinary strong insurance results last year, Odd Arild Grefstad, CEO of Storebrand Group, said. The operating profit in the first Quarter was NOK 531 million, from NOK 635 million in the first Quarter last year. The operating profit is