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Insurance companies’ annual reporting 2014:

Assets of life insurance companies continue to increase

Statistical news from Statistics Sweden and Swedish Financial Supervisory Authority 2015-08-28 9.30

Total assets of life insurance companies amounted to SEK 3 390 billion at the end of 2014. This is an increase of SEK 427 billion compared with the previous year.

Investment assets comprise the largest part of the balance sheet total of life insurance companies, and contributed SEK 243 billion to the increase. At the end of 2014 investment assets were valued at SEK 2 253 billion.

Results of life insurance companies, that is, results from insurance operations, amounted to SEK 85 billion in 2014. This can be compared with 2013 when results amounted to SEK 233 billion. Net premiums written amounted to SEK 109 billion at the end of 2014; this is an increase of SEK 18 billion compared with 2013.

Premiums and assets of non-life insurance companies

The national non-life insurance companies' net premiums written amounted to SEK 62 billion at the end of 2014. This is an increase of SEK 8 billion compared with 2013 when net premiums written amounted to SEK 54 billion.

The total assets of national non-life insurance companies were SEK 514 billion, up SEK 27 billion compared with 2013. Results amounted to minus SEK 10 billion, which can be compared with the result of minus SEK 3 billion last year.

The larger local non-life insurance companies reported net premiums written of almost SEK 19 billion in 2014. The balance sheet total was SEK 95 billion, compared with 2013 when the balance sheet total was SEK 78 billion. Results from insurance operations amounted to SEK 817 million, an increase of SEK 536 million compared with 2013.

Publication

A more detailed report of this survey is published in a Statistical Report

Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.

Statistical agency

Swedish Financial Supervisory Authority

Address
Box 7821
103 97 Stockholm

Producer

Statistics Sweden, Financial Market Statistics Unit

Address
Solna strandväg 86
171 54 Solna

Enquiries

Martin Ullrich

Telephone
+46 10 479 47 57
E-mail
martin.ullrich@scb.se