Storebrand’s Q4 16 net premiums income increased by 3.7% to NOK5,670m, bringing the full-year sales to NOK25,829m, a slight 1.4% increase relative to 2015. The Q4 16 result before amortisation came to NOK912m (vs. NOK-1,101m in the same period in 2015) and NOK2,913m ytd (vs. €-42m in 2015). Operating costs decreased by 16.6% to NOK11,314m but the FY 16 total costs increased by 30.6% to NOK54,772m. Net profit stood at NOK676m in Q4 16, a 15.6% decline but the full-year performance w
08 Feb 2017
Generous dividend
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Generous dividend
Storebrand’s Q4 16 net premiums income increased by 3.7% to NOK5,670m, bringing the full-year sales to NOK25,829m, a slight 1.4% increase relative to 2015. The Q4 16 result before amortisation came to NOK912m (vs. NOK-1,101m in the same period in 2015) and NOK2,913m ytd (vs. €-42m in 2015). Operating costs decreased by 16.6% to NOK11,314m but the FY 16 total costs increased by 30.6% to NOK54,772m. Net profit stood at NOK676m in Q4 16, a 15.6% decline but the full-year performance w