Storebrand’s net premiums income increased by 13% to NOK5,954m in Q3 15, allowing the insurer to make up the backlog recorded in Q1 15. Ytd sales amounted to NOK19,994m, +2.8% yoy. Banking activities' income posted new quarterly and annual decreases to NOK92m (-16.3% year-on-year) and NOK281m (-20.2% year-on-year), respectively. The Q3 15 result before amortisation came to NOK176m (-72.1% relative to the same period in 2014) and NOK1,085m ytd (-48.6% year-on-year). Operating costs reduc
28 Oct 2015
Navigating an environment of record low rates
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Navigating an environment of record low rates
Storebrand’s net premiums income increased by 13% to NOK5,954m in Q3 15, allowing the insurer to make up the backlog recorded in Q1 15. Ytd sales amounted to NOK19,994m, +2.8% yoy. Banking activities' income posted new quarterly and annual decreases to NOK92m (-16.3% year-on-year) and NOK281m (-20.2% year-on-year), respectively. The Q3 15 result before amortisation came to NOK176m (-72.1% relative to the same period in 2014) and NOK1,085m ytd (-48.6% year-on-year). Operating costs reduc