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Länsförsäkringar AB: Interim Report January – March 2014

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January-March 2014
Comparison period of January-March 2013 in brackets.

  • The Group’s operating profit amounted to SEK 293 M (186). The Group’s operating income amounted to 4,606 M (5,124).The return on equity amounted to 6% (4).
  • Operating profit in the non-life insurance operations amounted to SEK 89 M (57). Premiums earned after ceded reinsurance amounted to SEK 1,180 M (1,085).
  • Operating profit for the Bank Group amounted to SEK 197 M (136).
    Net interest income strengthened to SEK 584 M (544).
  • Profit for Länsförsäkringar Fondliv amounted to SEK 77 M (59). Premium income amounted to SEK 2,328 (2,742). Commission income amounted to SEK 278 M (233).
  • Net sales for the Parent Company amounted to SEK 566 M (578).

    “ Profit for the Länsförsäkringar AB Group strengthened year-on-year and is in line with the target for the year. All businesses reported earnings improvements. Managed assets in unit-linked life assurance increased 4 procent and we exceeded SEK 80 billion. Deposits in the bank rose 10 procent to SEK 70 billion.,” says Sten Dunér, President of Länsförsäkringar AB

Read the entire report: http://www.lansforsakringar.se/privat/om_oss/in_english/financial/lansforsakringar-ab/sidor/default.aspx

For further information, please contact:
Sten Dunér, President Länsförsäkringar AB,
+46 8-588 411 15, +46-73 964 11 15, sten.duner@lansforsakringar.se

Malin Rylander Leijon, CFO, Länsförsäkringar AB,
+46 8-588 408 64, +46 73-964 08 64, malin.rylander-leijon@lansforsakringar.se

Fanny Wallér, Director of Communications, Länsförsäkringar AB
+46 8-588 414 69, +46 70-692 77 79, fanny.waller@lansforsakringar.se

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