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Capital investments 4th quarter 2018

The value of insurance companies’ investment assets is falling

Statistical news from Statistics Sweden and Swedish Financial Supervisory Authority 2019-03-01 9.30

Insurance companies’ net sales of investment assets amounted to SEK 56 billion in the fourth quarter of 2018. Total holdings in investment assets were SEK 4 578 billion at the end of the period, compared with SEK 4 915 billion at the end of the previous quarter. Accordingly, the market development for these investment assets during the period was very weak from a relative historical perspective.

Weak market development in shares and participations

The fourth quarter was characterised by a weak market development for most classes of investment assets held by insurance companies. The asset class with the greatest impact was holdings of shares and participations. This is partly a result of the market development being weakest in this asset class, partly a result of the asset class being the largest in terms of total market value of investments in the asset class.

Notable transactions in the fourth quarter

Insurance companies had net sales totalling SEK 56 billion in capital investments in the quarter. The highest net sales were in shares and participations (48 billion). Net investments were chiefly in money market instruments (16 billion). In context of the latter, it should be mentioned that net investments in money market instruments in the period correspond to approximately half of the market value of initial holdings of these instruments in the quarter.
Non-life insurance companies, which due to the nature of their operations hold a minor part of the total amount of investment assets, differed from life insurance companies with regard to investments in the quarter. They had net sales in more or less all asset classes. A notable exception was loans, in which a net investment of a billion was made during the quarter.

Insurance companies' total investment assets

Diagram

Next publishing will be

2019-05-29 at 09:30.

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

Statistical agency

Swedish Financial Supervisory Authority

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Box 7821
103 97 Stockholm

Producer

Statistics Sweden, Financial Market Statistics Unit

Address
Box 24 300
104 51 Stockholm

Enquiries

Olof Hansson

Telephone
+46 10 479 41 56
E-mail
olof.hansson@scb.se

Katya Vasileva-Gull

Telephone
+46 10 479 42 64
E-mail
katya.vasileva-gull@scb.se