STOREBRAND ASA: Results for the 3rd Quarter 2021
Leading the Way in Sustainable Value Creation – record strong operating profit[1], continued growth and solid solvency ratio· Group profit[2] of NOK 912m, operating profit of NOK 762m · Total assets under management amounting to NOK 1,058bn, up 15% y/y · Less than 50% guaranteed reserves as a share of total pension reserves · 18% growth in insurance portfolio premiums, 17% growth in bank lending y/y · Solvency II ratio of 178% "This quarter marked an important milestone with a full reopening of the Norwegian society and high economic activity. The Storebrand Group delivers