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Länsförsäkringar AB: Year-end report 2015

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(Full year 2015 compared with full year 2014)

  • The Group’s operating profit amounted to SEK 2,155 M (1,469). The return on equity amounted to 9% (7).
  • Operating profit in the non-life insurance operations amounted to SEK 908 M (791). Premiums earned after ceded reinsurance amounted to SEK 5,074 M (4,099).
  • Operating profit for the Bank Group totalled SEK 1,175 M (935). Net interest income strengthened to SEK 2,994 M (2,580).
  • Operating profit for Länsförsäkringar Fondliv amounted to SEK 516 M (373). Premium income amounted to SEK 8,645 M (8,543). Commission income amounted to SEK 1,384 M (1,171).
  • Net sales for the Parent Company amounted to SEK 2,653 M (2,491).

“ The Länsförsäkringar AB Group reported very strong earnings for 2015. All lines of business noted significant earnings improvements and the Group’s operating profit amounted to SEK 2,155 M. The non-life insurance operations reported substantially improved earnings and the banking operations can summarise a historically strong year, measured in both earnings and businessvolumes. In addition to our favourable results and strong growth, we also saw proof that our customers appreciate what we do – according to the Swedish Quality Index we have the most satisfied customers in both banking and insurance”, says Sten Dunér, President of Länsförsäkringar AB.

Read the full report:  http://www.lansforsakringar.se/stockholm/om-oss/in-english/financial-reports/lansforsakringar-ab/

  
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

  
The Länsförsäkringar Alliance comprises 23 local and customer-owned regional insurance companies and the jointly owned Länsförsäkringar AB. Customers are provided with a complete offering of banking and insurance services through their local, regional insurance companies. We offer animal and crop insurance through Agria Djurförsäkring and total solutions for reliable mortgage transactions are offered through Länsförsäkringar Fastighetsförmedling.

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