The Folksam Group

CEO comment on Full-year report 2023: Good returns for our customers in a challenging year

March 12, 2024

It has been a challenging year and many of us are worried about developments in the world around us. Our customers have been struggling with personal finances that are worse than they have been in a long time and many have been affected by the climaterelated damage that has unfortunately become increasingly common. Storm Hans....

Our customers should feel secure in a sustainable world: Annual and sustainability report 2022

April 26, 2023

We are there for our customers Our job is increasing security in every phase of life. With us, customers can insure themselves, their loved ones and their property and save for their pension. More than three million households are customers of Folksam, which corresponds to two out of three households in Sweden. This makes the....

CEO comment on Full-year report 2022: Record-high return to customers

February 10, 2023

Folksam entered the year 2022 in the strongest financial position in Folksam’s modern history. This strength gives us the opportunity to be a long-term owner in our investments and thus help to transition to a more sustainable world. There were many challenges in the world arounds us in 2022. Both the pandemic and the war....

Full-year report 2021: A financially strong 2021 creates confidence for Folksam’s customers

February 11, 2022

During the second year of the pandemic, Folksam’s custom­ers have indicated that they are still satisfied with us, which is our main focus. At the same time, we have continued to consolidate our financial position. It is also pleasing to see that our employees have given Folksam its best result in the annual employee survey....

The Folksam group interim report January – September 2021: Sustainability focus – from claims settlement to capital investment

October 29, 2021

Folksam’s financial position continues to be strong with premium growth of almost 7 per cent, a solvency ratio in Folksam Life of 186 per cent and a debt-to-equity ratio in Folksam General of 191 per cent. Folksam Life was able to raise the bonus rate twice during the third quarter and is now at record....

The Folksam group interim report: January – June 2021 Folksam’s investments are accelerating a green reset

July 29, 2021

Folksam’s vision is for customers to feel safe in a sustainable world. This vision guides us to do business that creates fi­nancial security for our customers and to push for a sustain­able transformation of society. A strong financial position is a prerequisite for our continued ability to influence, and therefore we are proud to report....

Folksam increases its ownership in SSAB

June 21, 2021

Folksam increases its ownership in SSAB to support the company’s transition to fossil free steel production. Folksam today announced that it has increased its ownership in SSAB. Its holding in SSAB now corresponds to 5,2 percentof the voting rights and 2,1 percent of the share capital. The additional investment was primarily made to take a....

New engagement targets TCFD disclosure in an industry that is often-overlooked

March 27, 2020

The Nordic Engagement Cooperation (NEC), today releases its annual report. The collaborative engagement network consists of four Nordic institutional investors: Folksam Group, Ilmarinen, KLP and PFA Pension, in cooperation with engagement services provider Sustainalytics. Whilst norms-based engagement remains a core priority for the collaboration, a new engagement project with focus on climate change challenges and....

Ylva Wessén – new president and CEO of Folksam Group

December 19, 2019

The boards of Folksam Life and Folksam General have appointed Ylva Wessén as the new president and CEO of the Folksam Group. Ylva Wessén succeeds Jens Henriksson, who earlier this year left to become president and CEO of Swedbank. Since this time, Ylva Wessén has served as the acting president and CEO of the Folksam....

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.