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Länsförsäkringar Alliance: Interim Review January-June 2014

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January-June 2014
(Figures in parentheses pertain to the comparative period 2013.)

  • Operating profit for the Alliance´s non-life insurance operations amounted to SEK 3,120 M (1,471).
  • The technical result in the Alliance´s non-life insurance operations amounted to SEK 1,195 M (382). The combined ratio amounted to 92 (100).
  • Investment income in the Alliance amounted to SEK 2,567 M (1,842). Solvency capital strengthened SEK 6,443 M to SEK 43,721 M.
  • Operating profit for the Bank Group amounted to SEK 428 M (297). Net interest income strengthened to SEK 1,208 M (1,095).
  • Operating profit for Länsförsäkringar Fondliv amounted to SEK 171 M (103). Premium income amounted to SEK 4,585 M (5,166). Commission income amounted to SEK 570 M (472).
  • Profit for Länsförsäkringar Liv amounted to SEK 790 M (3,142). The solvency ratio was 117% (116) and the total return amounted to 5.1% (negative 3.7).

Länsförsäkringar's earnings from non-life insurance consist of the total of the earnings of the 23 regional insurance companies and of the jointly-owned Länsförsäkringar AB, excluding life assurance and banking.

“A healthy volume trend, strong investment income and a favourable claims trend mean that the Länsförsäkringar Alliance can report a very strong first six months of 2014.” says Sten Dunér, President of Länsförsäkringar AB.

See full interim review here: http://www.lansforsakringar.se/stockholm/om-oss/in-english/financial-reports/lansforsakringar-alliance/

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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