Länsförsäkringar AB: Interim Report January – June 2014

STOCKHOLM--()--January-June 2014 (Figures in parentheses pertain to January-June 2013)

· The Group’s operating profit amounted to SEK 714 M (326). The return on equity amounted to 7% (4).

· Operating profit in the non-life insurance operations amounted to SEK 308 M (128). Premiums earned after ceded reinsurance amounted to SEK 2,267 M (2,073).

· Operating profit for the Bank Group totalled SEK 428 M (297). Net interest income strengthened to SEK 1,208 M (1,095).

· Operating profit for Länsförsäkringar Fondliv amounted to SEK 171 M (103). Premium income amounted to SEK 4,585 (5,166). Commission income amounted to SEK 570 M (472).

· Net sales for the Parent Company amounted to SEK 1,197 M (1,213).

“Earnings for the Länsförsäkringar AB Group continued to perform well. A favourable volume trend and cost control strengthened earnings in all business units.” says Sten Dunér, President of Länsförsäkringar AB.

Read the full report: http://www.lansforsakringar.se/stockholm/om-oss/in-english/financial-reports/lansforsakringar-ab/

The Länsförsäkringar Alliance comprises 23 local and customer-owned regional insurance companies and the jointly owned Länsförsäkringar AB. Customers are provided with a complete offering of banking and insurance services through their local, regional insurance companies. We offer animal and crop insurance through Agria Djurförsäkring and total solutions for reliable mortgage transactions are offered through Länsförsäkringar Fastighetsförmedling.

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Contacts

Sten Dunér
President Länsförsäkringar AB
+46 8-588 411 15
+46-73 964 11 15
sten.duner@lansforsakringar.se
or
Malin Rylander Leijon
CFO
Länsförsäkringar AB
+46 8-588 408 64
+46 73-964 08 64
malin.rylander-leijon@lansforsakringar.se
or
Fanny Wallér
Director of Communications
Länsförsäkringar AB
+46 8-588 414 69
+46 70-692 77 79
fanny.waller@lansforsakringar.se

Contacts

Sten Dunér
President Länsförsäkringar AB
+46 8-588 411 15
+46-73 964 11 15
sten.duner@lansforsakringar.se
or
Malin Rylander Leijon
CFO
Länsförsäkringar AB
+46 8-588 408 64
+46 73-964 08 64
malin.rylander-leijon@lansforsakringar.se
or
Fanny Wallér
Director of Communications
Länsförsäkringar AB
+46 8-588 414 69
+46 70-692 77 79
fanny.waller@lansforsakringar.se