Folksam

Big differences between bicycle helmets, and the price is not a decisive factor

June 3, 2020

International consumer tests of helmets, corresponding to the car crash tests performed by Euro NCAP, are needed to increase the safety level of bicycle helmets. Folksam’s latest bicycle helmet test shows a big difference in safety between different helmets, even though each one them fulfils the test standards and can be sold on the European....

Folksam and KPA Pension Reinvest SEK 2 Billion in Volvo Cars

December 16, 2019

Folksam and KPA Pension, members of the Folksam Group, are reinvesting SEK 2 billion in preferred stock in Volvo Car AB in conjunction with the redemption of existing preferred stock.

Investors make unprecedented commitment to net zero emissions

September 23, 2019

UN-backed asset owner alliance to drive portfolio companies to carbon neutrality by 2050 In one of the boldest actions yet by the world’s largest investors to decarbonize the global economy, an alliance of the world’s largest pension funds and insurers – responsible for directing more than US$ 2.4 trillion in investments – has today committed....

Folksam Group begins recruitment of new CEO

August 30, 2019

As confirmed by Swedbank in their own press release, Jens Henriksson has been appointed as the new CEO of Swedbank. As a result, Jens will be leaving his post as CEO and President of the Folksam Group with immediate effect. The recruitment of a successor will commence immediately. “The Folksam Group is well equipped to....

The Folksam Group is increasing the level of sustainability in its SEK 80 billion foreign shares

May 9, 2019

  From the end of March until mid-April, the Folksam Group’s life insurance company, Folksam Liv, and companies within KPA Pension, have more than halved the number of shares in the foreign share portfolios. The carbon footprint of the investments is thereby deemed to be reduced by 20 per cent. The value of the foreign....

Few ski helmets protect well against concussion

February 7, 2019

Folksam Insurance Group has released the results of a consumer test of 14 common ski helmets in Sweden. The test shows that only three of these helmets protect well against concussions. They were awarded Folksam’s ‘Best in Test’ or ‘Good Choice’ label. Folksam has tested regular ski helmets and competition/race helmets for both children and....

The Folksam Group invests a further SEK 750 million in Volvo Cars

December 21, 2018

The Folksam Group has acquired further preferred stock in Volvo Cars to a nominal value of SEK 750 million. This acquisition took place in conjunction with Första AP-fonden’s (AP1) sale of their holdings. With this further acquisition, the Folksam Group has now invested a total of SEK 1,750 million in preferred stock issued by Volvo....

Optimisation with the customer in focus – Interim Report January – September 2018

October 24, 2018

Our focus on developing the Folksam Group’s business continues. Not least on how we meet our customers, but also on efficiency improvements. Work with regulations is switched from implementation to optimisation.

The Folksam Group achieves its goal of SEK 25 billion in green bonds

October 11, 2018

With an investment of SEK 600 million in a green bond issued by the World Bank, the Folksam Group has now attained the goal of owning more than SEK 25 billion in green bonds before the end of 2018. This is an important step in the Folksam Group’s sustainability efforts, and it consolidates the group’s position as a global leader within green bonds. These bonds now comprise six per cent of the managed assets.

KPA Pension and Folksam buy bond from the city of Stockholm for SEK 2 billion

October 4, 2018

KPA Pension and Folksam, which are part of the Folksam Group, are investing SEK 2 billion in a bond contributing to the creation of a sustainable Stockholm. With this investment, Folksam Group intends to highlight the significance of planning and building cities and communities that are inclusive, safe, resilient and sustainable. At the same time, the deal contributes to the goal of giving customers a good risk-adjusted return.