204.00
+2.00%
Close of 9 Nov 2026, in NOK
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About Storebrand A
Its shares trade on Oslo Børs under the ticker STB.OL. It has been listed since 21 June 1993. In the fiscal year to 31 December 2025, it reported net income of NOK 5.05bn. At that date it held total assets of NOK 988.18bn and shareholders' equity of NOK 33.21bn.
Storebrand ASA engages in the provision of long-term savings and insurance to the Nordic market. The company is headquartered in Lysaker, Akershus. The firm operates in three business segments: the Bank and asset management segment includes products that offer savings for retirement, as well as consists of contribution pensions in Norway and Sweden, asset management and banking products for individuals; the Insurance business segment offers health insurance in the Norwegian and Swedish corporate and retail markets, property and casualty (P&C) insurance and personal risk products in the Norwegian retail market and employee insurance and pensions-related insurance in the Norwegian corporate market, in addition to the provision of life insurance products, and the Guaranteed pension segment covers defined pensions in Norway and Sweden, paid-up policies and individual capital and pension insurance. The firm operates Skagen AS as subsidiary.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Financials
- Industry
- Insurance
- Listed since
- 21 Jun 1993
- Employees
- 1,824
- Website
- storebrand.no ↗
Leadership
Pay as last reported
- Mr. Jarle RothChairman of the BoardNOK 1.0m
- Mr. Odd GrefstadGroup Chief Executive Officer, since 2012NOK 11.9m
- Mr. Martin SkanckeIndependent Deputy Chairman of the BoardNOK 1.2m
- Mr. Lars LoddesolGroup Chief Financial Officer, Executive Vice President - Strategy, Finance, Legal and SustainabilityNOK 8.5m
- Mr. Kjetil KrokjeChief Financial Officer
- Ms. Tove SelnesExecutive Vice President, People, Brand and CommunicationsNOK 4.9m
- Ms. Vivi GeveltExecutive Vice President - Corporate MarketNOK 5.9m
- Mr. Trygve HakedalExecutive Vice President, DigitalNOK 6.1m
- Ms. Camilla LeikvollExecutive Vice President - Retail MarketsNOK 5.5m
- Ms. Jenny RundbladhExecutive Vice President, SPPNOK 6.6m
- Hr. Jan Erik SaugestadExecutive Vice President, Storebrand Asset ManagementNOK 9.7m
- Ms. Hanne GraveDirector, Employee RepresentativeNOK 520,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 84
- Environment
- 99
- Social
- 99
- Governance
- 54
- Direct emissions (scope 1)
- 0.4 t
- Energy emissions (scope 2)
- 135 t
- Value chain emissions (scope 3)
- 2,594,235 t
- Women in the workforce
- 46%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Storebrand ASA is a leading provider of insurance and pension products in Norway.
- The company has a strong brand reputation and a loyal customer base.
- Storebrand ASA has a diversified product portfolio, offering a wide range of insurance and pension options.
Weaknesses
- The company relies heavily on the Norwegian market, making it vulnerable to fluctuations in the local economy.
- Storebrand ASA has limited international presence, which restricts its growth opportunities in other markets.
- There may be potential challenges in adapting to technological advancements and digital transformation.
Opportunities
- Expanding into new market segments, such as wealth management services, could provide additional revenue streams.
- Storebrand ASA can capitalize on the growing demand for sustainable and socially responsible investment options.
- Collaborating with fintech companies and utilizing advanced technologies can enhance customer experience and operational efficiency.
Threats
- Intense competition within the insurance and pension industry may put pressure on pricing and profit margins.
- Changes in regulatory policies and government interventions can impact the business environment.
- Economic downturns and financial market volatility may affect investment returns and customer confidence.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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