Storebrand’s Q4 15 net premiums income decreased by 5.3% to NOK5,465m, but the insurer succeeded in ending the year with a slight 0.9% increase to NOK25,220m. The Q4 15 result before amortisation came to NOK-1,087m (vs. a NOK923m in the same period in 2014) and NOK-438m ytd (vs. €2,601m in 2014). If we do not take the impact of reserve strengthening into account, the result would have been NOK275m in Q4 15 and NOK1,044m for the full year. Operating costs reduced by 9.6% in Q4 15 to
