Notable transactions

Sales of investment assets were unevenly distributed between various classes of investment assets held by insurance companies. Money market instruments (SEK 7 billion) and shares and participations (SEK 13 billion) are among net purchases of assets during the period. During this period, net transactions contributed most to total net sales of investment assets in the asset classes loans (SEK 13 billion), derivatives (SEK 12 billion), repurchases (SEK 6 billion) and other financial investments (SEK 27 billion).

Market development in shares and participations favourable for insurance companies once more

During the previous quarter, the previously steadily favourable value change in shares and participations slowed down. In contrast, there was a strong development among these investment assets for insurance companies in the second quarter. Strong value growth in foreign shares and investment funds were among the driving forces in this development. Value development in shares and participations amounted to 88 percent of total value change in insurance companies' total holdings in investment assets.

Similar development among non-life and life insurance companies

Holdings of placement assets were greater among life insurance companies than among non-life insurance companies, SEK 4 265 billion compared with SEK 573 billion, although in relative terms, the development in placement assets was similar for non-life insurance companies and life insurance companies during the quarter. Net sales of investment assets was, in relative terms, less among non-life insurance companies and amounted to approximately SEK 2 billion in the quarter. Other differences between the two insurance sectors include that, unlike life insurance companies, non-life insurance companies had net sales of shares and participations and net purchases of bonds during the period.

2018-11-30 at 09:30.