STOREBRAND ASA: Results for the 2nd Quarter 2021
Leading the Way in Sustainable Value Creation – Strong Growth in Core Business · Group profit[1] of NOK 1,353m in the 2nd quarter · NOK 1000 bn in assets under management exceeded, 18% growth y/y · 18% growth in Insurance portfolio premiums y/y · Solvency II ratio 172% "The Storebrand Group delivers a strong quarterly profit of NOK 1,353 million, driven by underlying growth within Savings and Insurance, combined with disciplined cost control and increased profitability within the Insurance segment. The fee and administration income increases 13%, while annual portfolio