Releases - Länsförsäkringar AB

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2007

 

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Tommy Persson to leave as Managing Director at 2008 Annual General Meeting

11/15/2007 2:00 AM EST
At the Annual General Meeting to be held on May 23, 2008, the Managing Director of Länsförsäkringar AB Tommy Persson is to leave after twelve years in this position. The process of recruiting a successor has already commenced. Persson will be elected President of CEA, the European insurance and reinsurance federation, in June 2008 and will also serve as a senior advisor to Länsförsäkringar AB.

Länsförsäkringar Alliance: Interim report, January – September 2007:

10/25/2007 5:00 AM EST
- The strong earnings indicate the financial strength and stability of the Länsförsäkringar Alliance. The investment focus of the regional insurance companies is highly diversified with a high percentage of equities. A high percentage of equities can be held in companies with strong balance sheets. The risk of a fall in the stock markets is taken into account in our comprehensive share hedging program. Growth in the...

Länsförsäkringar Bank: Interim report January – September 2007

10/23/2007 5:15 AM EST
”I am very proud of the fact that Länsförsäkringar has Sweden’s most satisfied bank customers in the retail market. This is the best confirmation that we know what our customers really want and that our offering is strong and in demand in the market. Business volumes grew substantially and we increased our market share of mortgage loans. There was a great unrest in the capital market during the third quarter. Our...

Länsförsäkringar Hypotek: Interim report January– September 2007

10/23/2007 5:15 AM EST
”Our sales of mortgages continued to perform highly positively, while the market trends remained strong. The third quarter was characterized by unrest in the capital market. I can state that our refinancing operations functioned successfully and the liquidity situation of the company is highly favorable. I would also like to emphasize that we have a very low level of risk in both our lending and liquidity...

LRF and Länsförsäkringar intensify cooperation

10/12/2007 3:00 AM EST
Länsförsäkringar and Lantbrukarnas Riksförbund, LRF (Federation of Swedish Farmers) today signed an agreement covering increased cooperation. Under the agreement, Länsförsäkringar is acquiring LRF’s individual insurances and concept brand for SEK 400 M. All related personnel are included. Concurrently, LRF is guaranteed continued insight and the possibility to influence its own members’ insurance.

“The...

Länsförsäkringar Alliance Interim Report January – June 2007:

8/22/2007 6:45 AM EST
Länsförsäkringar growing rapidly on the bank and pension markets
“This has been a six-month period with major market success and extraordinarily strong earnings in all operations. The capture of market shares has accelerated sharply for bank and life assurance. The mortgage operations were highly successful with new lending of more than 10% of the market. The basis of the market activities is non-life insurance...

Länsförsäkringar Bank: Interim report January-June 2007

8/21/2007 5:15 AM EST
“We are continuing to act aggressively in the Swedish banking market and are growing in all areas. Our earnings and our key figures are continuously improving. We have experienced a major boost in mortgage transactions and are now capturing more than 11% of new lending, which is an important step in our ambition to be one of the three largest mortgage companies. Moody’s and Standard & Poor’s gave our covered...

Länsförsäkringar Hypotek: Interim report January-June 2007

8/21/2007 5:15 AM EST
“During the second quarter, we further consolidated our position as a challenger and price-pressure force in the mortgage market. We are now capturing more than 11% of new lending, which indicates that we have an extremely competitive offering to our customers. Moody’s and Standard & Poor’s gave our covered bonds the highest possible credit rating and in June we began issuing the bonds with great success....

Länsförsäkringar AB has chosen Sweden as Home Member State

7/6/2007 2:30 AM EST
In accordance with the Swedish adoption of the Directive on the harmonisation of transparency requirements it is hereby announced that Länsförsäkringar AB (publ) has chosen Sweden as home Member State.
Länsförsäkringar AB (publ), a Swedish corporation, issuer of debt securities on the Luxemburg Stock Exchange, has chosen Sweden as home Member State. This is in accordance with the Swedish adoption of the...

Länsförsäkringar Hypoteks Covered Bonds gets AAA from Standard & Poor’s

6/7/2007 7:45 AM EST
Länsförsäkringar Hypoteks covered bonds have been assigned a preliminary ratings of AAA by Standard & Poor’s.
“We have now received the highest possible ratings from both Moody’s Investor Service and Standard & Poor’s. It’s an important message that shows the quality and strength in our product,” says Anders Borgcrantz, Chief Executive Officer of Länsförsäkringar Hypotek.

Länsförsäkringar Hypotek is a wholly...

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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