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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Nordic long-term savings and insurance provider
storebrand.comLast updated
In short: Storebrand posted a record Q3 operating profit, beat estimates, and completed the Knif Trygghet acquisition.
Group profit reaches NOK 1.5 billion driven by insurance growth and the Knif Trygghet acquisition while maintaining a 200 percent solvency ratio.
The board has decided to purchase shares worth NOK 1 billion from July 15 to December 18, 2026. The program will be carried out on the open market to return excess capital.
The group profit rose to 1,799 million kroner, driven by insurance and cost control. The company launches a new share buyback program of one billion kroner and expands the Knif Trygghet partnership.
The transaction is worth 560 million kroner, settled with own shares, and strengthens Storebrand's position in property and casualty insurance. The merger requires approval from the Norwegian Financial Supervisory Authority.
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...
On Wednesday, Storebrand presented the results for the third quarter this year.
Storebrand stock stood at NOK 195 on September 23, 2026, below its NOK 208.20 yearly high. Q2 operating profit rose 17 percent to NOK 1,119...
Our AI knew it: +48%, +58%, +78%, these stocks crushed earnings, and keep climbing ... Investing.com -- Norway's Storebrand ASA (OL:STB) reported a 26% jump...
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