Storebrand ASA (SKT)
XDUS 
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Storebrand ASA Profile
| Industrial Conglomerates Industry | Industrials Sector | Mr. Odd Arild Grefstad CEO | XDUS Exchange | NO0003053605 ISIN |
| NO Country | 2,324 Employees | 10 Apr 2025 Last Dividend | - Last Split | - IPO Date |
Overview
Storebrand ASA is a prominent company with a primary focus on providing a wide array of insurance products and services across several key global markets, including Norway, the United States, Japan, and Sweden. The company's operations are structured into four main segments: Savings, Insurance, Guaranteed Pension, and Other. With its roots tracing back to 1767, Storebrand ASA has established itself as a significant player in the industry. Headquartered in Lysaker, Norway, it caters to a diverse clientele, encompassing private individuals, corporate and retail markets, companies, municipalities, and the public sector.
Products and Services
Savings: This segment is dedicated to providing customers with a variety of retirement savings solutions. These include defined contribution pensions, which allow individuals and employers to contribute a fixed amount to a pension fund, asset management services aimed at enhancing the value of investments, and retail banking products designed to meet the everyday financial needs of customers.
Insurance: Storebrand's insurance offerings are comprehensive, covering health insurance for personal well-being, property and casualty insurance to protect against physical damage or loss, personal risk products that provide security against unforeseen occurrences, and employee-related and pension-related insurance products designed to offer financial security for employees and retirees.
Guaranteed Pension: This segment focuses on long-term pension savings products. Products include defined contribution pensions, which are investment plans for retirement with contributions from both employer and employee, paid-up policies that allow individuals to stop paying premiums while still retaining policy benefits, and individual capital and pension insurance products, which are designed to provide financial security during retirement.
Other: The Other segment includes life insurance products, which offer financial protection to individuals and their families in cases of death or disability, as well as securities, and banking and investment services designed to meet the financial planning, saving, and investment needs of its clientele.
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