Releases - Länsförsäkringar AB

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Länsförsäkringar AB’s acquisition of Länsförsäkringar Fondliv from Länsförsäkrin...

10/27/2011 5:00 AM EST
The acquisition of the unit-linked insurance company, Länsförsäkringar Fondliv, is part of Länsförsäkringar’s campaign in the occupational pension market. Resources for improving the fund range and product and business development are being strengthened to meet the demands of the business owner. The efforts also include an expanded focus on the life insurance broker market.

Länsförsäkringar Hypotek: Interim report January – September 2011

10/24/2011 5:00 AM EST
”Länsförsäkringar is growing and strengthening its position in the retail mortgage market. It is also particularly gratifying that Länsförsäkringar has Sweden’s most satisfied retail bank customers and that eight out of ten retail mortgage customers are also bank customers. Credit quality is very high. We are well-equipped to meet the more uncertain financial environment with very high liquidity and favourable...

Länsförsäkringar Bank: Interim report January – September 2011

10/24/2011 5:00 AM EST
”Länsförsäkringar hasSweden’s most satisfied retail bank customers for the seventh time in eight years. This is a confirmation of the bank’s success and that Länsförsäkringar has one of the very strongest brands in the market. Our market position is continuing to be strengthened in all areas, particularly in deposits, which shows that we offer customers reliable forms of savings. Credit quality remained high. Our...

Länsförsäkringar Alliance: Interim review January – June 2011

8/26/2011 3:05 AM EST
“Financial turmoil had a major impact on mainly the key figures and profitability of our life-assurance operations. The bank continued to perform favourably with growing volumes and earnings. Our stability and credit rating are high, while the risk profile is low. Our bank is strong now, in the current climate, and in a more long-term perspective. Our non-life insurance operations also maintained a very strong...

Länsförsäkringar Hypotek: Interim report January – June 2011

8/24/2011 8:15 AM EST
”Länsförsäkringar continued to strengthen its position on the retail mortgage market. The number of customers is increasing and 81% of retail mortgage customers are choosing Länsförsäkringar as their primary bank, which confirms that we have an attractive offering. The loan portfolio continues to have a high level of credit quality. The liquidity situation is favourable and refinancing was very successful. Borrowing...

Länsförsäkringar Bank: Interim report January – June 2011

8/24/2011 8:14 AM EST
”The bank is continuing to grow broadly and strengthen its position in the market. Our focus on attractive saving and deposit products remains a focal point, with savings in particular having grown in importance to customers’ financial security in a climate of economic uncertainty. The trend in saving and deposit services and products remained favourable. The number of customers is increasing and 93% of customers...

Changed publication date for Länsförsäkringar Bank Interim report January - June...

8/11/2011 11:01 AM EST
The publication date for Länsförsäkringar Bank Interim report January - June 2011 has been changed to August 24, 2011 from August 26, 2011.

Göran Laurén appointed Deputy Head of Asset Management

6/22/2011 4:00 AM EST
Göran Laurén has been appointed Deputy Head of Asset Management at Länsförsäkringar AB. Göran will take office at year-end and succeed Lars Florén who will retire in the spring of 2012. Göran is currently Executive Vice President of Länsförsäkringar’s mortgage operations, Länsförsäkringar Hypotek, and the head of its finance operations.
Asset Management is responsible for the management of all of...

Länsförsäkringar Bank: Interim Report January - March 2011

4/29/2011 5:00 AM EST
– The bank is continuing to grow in all areas, even though market growth is declining. Focus is intensifying on the different forms of savings and the products have been developing well. We are strengthening our position in agricultural loans and hold a market share of nearly 8%. The number of customers is increasing and more customers are choosing Länsförsäkringar as their primary bank. Net interest income is...

Länsförsäkringar Hypotek: Interim Report January - March 2011

4/29/2011 5:00 AM EST
– Länsförsäkringar continues to grow and capture market shares. Retail mortgages in the Swedish market are continuing to rise, although at a lower pace mainly due to higher market interest rates. The number of customers is increasing and more retail mortgage customers are choosing Länsförsäkringar as their primary bank. Net interest income and profitability strengthened during the period. Credit quality remains high...

Länsförsäkringar AB

Länsförsäkringar is Sweden’s only customer-owned and locally established banking and insurance group. The customers in each of the counties in the country own their local and independent regional insurance company. The 2...

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