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Swedish insurance companies, capital investments, first quarter 2023

Insurance companies’ capital investments

Statistical news from Statistics Sweden and Swedish Financial Supervisory Authority 2023-05-31 8.00

During the first quarter of 2023, the market value of insurance companies' investment assets increased to SEK 6,484 billion, up from SEK 6,174 billion at the end of the previous quarter. However, compared to the first quarter of 2022, the market value has decreased from SEK 6,524 billion.

The quarter in brief

  • In the first quarter of 2023, insurance companies' holdings in shares and participations increased from SEK 4,311 billion to SEK 4,534 billion, equivalent to an increase of 5.2 percent. For comparison, the market value of equity funds increased by 8.6 percent during the same quarter[1].
  • The net transactions for shares and participations amounted to SEK 4 billion during the current quarter, which represents an increase from SEK 9.8 billion for the previous quarter, but a decrease from SEK 41.7 billion for the corresponding quarter the year before.

Life insurance companies

  • Increase in money market instruments: Money market instruments increased from SEK 5.5 billion to SEK 45.7 billion, representing an increase of SEK 40.1 billion or 725% from the previous quarter.
  • Increase in other financial investments: Other financial investments increased from SEK 20.8 billion to SEK 64.3 billion, representing an increase of SEK 43.5 billion or 209% from the previous quarter.
  • Decrease in repurchase agreements: Repurchase agreements decreased from SEK 36.3 million to SEK 22.8 billion, a decrease of SEK 13.4 billion or 37% from the previous quarter.

Non-life insurance companies

  • Increase in other financial investments: Other financial investments increased from SEK 4.6 billion to SEK 8.8 billion, an increase of SEK 4.2 billion or 93% from the previous quarter.
  • Decrease in derivatives: Derivatives decreased from SEK 1.1 billion to SEK 0.6 billion, a decrease of SEK 0.5 billion or 47% from the previous quarter.
  • Increase in accrued interest: Accrued interest increased from SEK 1 billion to SEK 1.4 billion, an increase of SEK 0.4 billion or 36% from the previous quarter.

Statistics Sweden: Investment funds, assets and liabilities.

Insurance companies’ investment assets
Swedish insurance companies, capital investments, first quarter 2023

Next publishing will be

2023-09-06 at 8:00.

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

Enquiries

Tina Hansson

Telephone
+46 10 479 58 15
E-mail
tina.hansson@scb.se

Nils-Henrik Jansson

Telephone
+46 10 479 41 15
E-mail
nils-henrik.jansson@scb.se