Storebrand reports record operating profit for Q3 2026
Group profit reaches NOK 1.5 billion driven by insurance growth and the Knif Trygghet acquisition while maintaining a 200 percent solvency ratio.
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Group profit reaches NOK 1.5 billion driven by insurance growth and the Knif Trygghet acquisition while maintaining a 200 percent solvency ratio.
The sovereign wealth fund achieved a 14.8% return adding $37.4 billion to its $289.7 billion total. It also strengthened ESG stewardship and disclosed climate risk management strategies.
Shareholders approved the move on October 8, completing a 40-to-1 share conversion to simplify capital structure ahead of becoming Transamerica Inc. by early 2028.
The group now anticipates a result before taxes between EUR 1.35 billion and EUR 1.40 billion based on positive business performance.
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The Future Fund returned 14.8 per cent in 2025-26, adding $37.4 billion and taking its assets to a record $289.7 billion, according to its latest...
Norwegian insurer Storebrand on Wednesday reported a third-quarter combined ratio of 87% in its insurance business, beating analyst consensus by 1 percentage point, as price...
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