Releases - Länsförsäkringar AB

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2010

 

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Länsförsäkringar Alliance: Interim report January – September 2010

10/27/2010 7:34 AM EST
- An increasing number of customers are selecting Länsförsäkringar for their non-life insurance and life-assurance policies and for their banking services. The number of customers is growing, as are business volumes and market shares. At the same time, customers are increasingly satisfied with choosing us. Maintaining competitiveness and attractiveness requires a high level of efficiency and low costs, which is why...

Länsförsäkringar Bank: Interim report January-September 2010

10/26/2010 5:00 AM EST
“For the sixth time, Länsförsäkringar has Sweden’s most satisfied bank customers in the retail market, according to the Swedish Quality Index 2010, and we are proud of this acclaim. Nearly nine of ten customers, who have Länsförsäkringar as their principal bank, also have non-life or endowment insurance with Länsförsäkringar, which shows that our strategy works and is successful. Länsförsäkringar Bank produced the...

Länsförsäkringar Hypotek: Interim report January-September 2010

10/26/2010 5:00 AM EST
“The trend in net interest income was positive during the period as a result of volume increases, a higher market interest-rate level and pricing that was adapted to the cost situation in the borrowing market. Länsförsäkringar’s market position as the fifth largest mortgage institution was strengthened and the number of customers rose. Nearly eight of ten retail mortgage customers, also have Länsförsäkringar as...

Interim Report January – June 2010

8/25/2010 6:02 AM EST
“The improvement in Länsförsäkringar Bank’s earnings in gradual increments, while constantly maintaining a clear, long-term trend, continued. Market growth continued in the shape of rising portfolios and volumes in non-life insurance, new sales and premium

income in life assurance and pension insurance, in addition to volumes at Bank. Particularly gratifying is the market leading position in occupational pension....

Interim Report January - June 2010

8/24/2010 5:15 AM EST
“Operating profit for the second quarter was the bank’s best to date and was attributable to strong net interest income. Increased business volumes and growing market shares reinforced the position as the fifth largest retail bank and fifth largest agricultural bank. Länsförsäkringar also has Sweden’s most satisfied bank customers in the retail market. Our offering is strong and the number of customers, the number...

Interim Report January - June 2010

8/24/2010 5:15 AM EST
“Net interest income in the second quarter of 2010 was the strongest since the fourth quarter of 2008. Margins and yields on shareholders’ equity improved on the preceding quarter. Länsförsäkringar is growing in the retail mortgage market and the  market position was strengthened as a result of a competitive offering and customer trust.
Credit quality was excellent with a low percentage of impaired loans and...

Länsförsäkringar Liv continues operating as a mutual company and raises bonus ra...

5/21/2010 1:00 AM EST
Länsförsäkringar AB has decided not to pursue its previous plans to restructure Länsförsäkringar Liv to a profit distributing life-assurance company (demutualisation).
“The intention of our demutualisation plans was to further improve the possibilities to offer our customers reliable savings with a high long-term return. In summarising the current situation, it has become clear that it is no longer possible to...

Malin Rylander-Leijon appointed Group CFO of Länsförsäkringar AB

5/11/2010 4:00 AM EST
Malin Rylander-Leijon, who currently holds the position of Head Controller at Länsförsäkringar AB, will be given broader responsibilities. In addition to her current duties of coordinating all business planning, Malin will also assume responsibility for coordinating all financial reporting, rating activities, finance planning and corporate finance at Länsförsäkringar AB.

Länsförsäkringar Bank's Annual Report 2009 available on the Bank's website

3/26/2010 1:35 PM EST
From today, Friday March 26, 2010, Länsförsäkringar Bank's Annual Report 2009 is available on the Bank's website at www.lansforsakringar.se/financialbank For further information, please contact: Anna-Lena Löfvenberg, Investor Relations +46 8 588 415 16

Annual Review 2009

2/17/2010 5:40 AM EST
”We retained both our profitability and robust key figures in all core business segments throughout the financial crisis. The sharp improvement in earnings for the non-life insurance operations, SEK 13 billion, has created a basis for elevated ambition levels in the banking and life-assurance activities. The life-assurance return was weak in 2009, but has been highly competitive for the past two years and in the...

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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