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Storebrand Q2 FY26 group profit rises 26% to NOK 1.8 billion

PUBT·07/15/2026 05:31:10
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Storebrand Q2 FY26 group profit rises 26% to NOK 1.8 billion
  • Storebrand posted Q2 2026 group profit of NOK 1.8 billion, up 26% from Q2 2025; operating profit rose 17% to NOK 1.12 billion.
  • Insurance profit climbed 40% to NOK 889 million; combined ratio improved 4.7 percentage points to 86.7%.
  • Fee and administration income slipped to NOK 2.03 billion, hit by reversal of performance fees, negative FX effects, lower net interest income in the bank.
  • Assets under management grew 10% to NOK 1.66 trillion; return on equity was 16% over the past 12 months.
  • Signed deal to bring Knif Trygghet into the group; launched a NOK 1 billion H2 buyback tranche, targeting NOK 2 billion total in 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Storebrand ASA published the original content used to generate this news brief via Cision (Ref. ID: 202607150130BITN____UKPR__NO_20260714-BIT-8888-0) on July 15, 2026, and is solely responsible for the information contained therein.