Folksam – Life Insurance Company of the Year 2011 March 7, 2012 On 5 March, Folksam Liv was named Life Insurance Company of the Year by financial and insurance broker Söderberg & Partners.
Yield report, January–December 2011 February 16, 2012 For the period of January to December 2011, Folksam Life reported a total return of 6.5 per cent and KPA Pension 5.6 per cent. The total return for 2011 is well above average for the industry and, in a five-year comparison, Folksam and KPA both end up at the very top. During the year, assets under management have grown by a further SEK 17 billion, amounting to SEK 285 billion at the turn of the year.
Folksam begins strategic partnership in Finland January 27, 2012 Folksam is set to acquire 51% of the shares in insurance provider Aktia Skadeförsäkring after reaching an agreement with Finland-based Aktia ABP. Aktia Skadeförsäkring has a turnover of around €70 million and is primarily active in areas along the Finnish coast. The purchase price for the shares is €24 million. “We are expanding Folksam’s business....
Yield report, January–September 2011 October 25, 2011 Folksam Life Key ratios, January–September 2011 (Comparative figures relate to the corresponding period in the previous year) Total return 2.7 (8.1) per cent Solvency ratio 131 (146) per cent Assets under management SEK 114 (111) billion Collective consolidation ratio 113.1 (117.2) per cent Bonus interest 6.0 (5.0) per cent Bonus interest for KP business area....
Interim report for the first six months of 2011 August 26, 2011 Financial position still strong for Folksam and its subsidiaries – The strong performance of the business continues,” says President and CEO Anders Sundström. During the first six months of the year, premium volumes increased and we have gained market shares in several areas. – Our efforts to provide customers with secure and profitable growth are....
Folksam invests in six wind farms August 17, 2011 Together with FAM – which is wholly owned by Wallenbergstiftelserna – and Proventus, Folksam is to become a partner in the wind power company PWP AB. The company owns six land-based wind farms with an annual capacity of 0.26 TWh. Folksam’s share of the investment amounts to roughly SEK 200 million.
Financial information: Yield report, January–June 2011 August 16, 2011 Folksam Life Key ratios, January–June 2011 (Comparative figures relate to the corresponding period in the previous year) Total return 3.7 (3.6) per cent Solvency ratio 150 (144) per cent Assets under management SEK 115 (107) billion Collective consolidation ratio 116.0 (113.9) per cent Bonus interest 6.0 (5.0) per cent Bonus interest for KP business area....
Folksam Annual Review 2010 – now in English August 11, 2011 Continued success 2010 was a successful year for Folksam, with sharply increased premium volumes. Folksam gained market shares in several areas during the year, in particular through new unit-linked insurance policies. Assets under management grew by SEK 26 billion during the year and totalled SEK 268 billion at year-end, and the return was good. –....
