English

Länsförsäkringar Alliance: Interim Review January–September 2015

Report this content

(Figures in parentheses pertain to January-September 2014)

  • Operating profit for Länsförsäkringar Alliance´s non-life insurance operations amounted to SEK 2,727 M (3,502).
  • The technical result in Länsförsäkringar Alliance´s non-life insurance operations amounted to SEK 1,897 M (1,511). The combined ratio amounted to 92 (94).
  • Investment income in Länsförsäkringar Alliance amounted to SEK 1,605 M (2,855).
  • Operating profit for the Bank Group amounted to SEK 863 M (679). Net interest income strengthened to SEK 2,189 M (1,882).
  • Operating profit for Länsförsäkringar Fondliv amounted to SEK 414 M (261). Premium income amounted to SEK 6,620 M (6,563). Commission income amounted to SEK 1,042 M (875).
  • Profit for Länsförsäkringar Liv amounted to SEK 1,587 M (1,277). The solvency ratio was 124 % (122).

“The Länsförsäkringar Alliance’s business volumes continued to perform positively and we strengthened the technical result from non-life insurance by 25% to SEK 1.9 billion. Agria is continuing its expansion and is also establishing operations in the Finnish market. Volume growth for the bank remained strong and combined with stable margins contributed to increased profitability. In October, we were again pleased to learn that this year’s Swedish Quality Index revealed that we have Sweden’s most satisfied retail bank customers.”, says Sten Dunér, President Länsförsäkringar AB.

Read the full report:  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.

Tags:

Länsförsäkringar

Subscribe

Documents & Links