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Company profile

Storebrand

TypeListed insurance-dominated pensions, savings, insurance, banking, and asset-management groupHeadquarters / anchor marketNorwayLinesLife and healthProperty and casualtyThemesCompany referencesInsurance groupsSource reviewLast reviewed

Storebrand is a Norwegian listed financial group combining pensions and life insurance with asset management, savings and banking. Insurance reserves, assets under management and bank balances sit within one group but have different owners, risks and regulatory denominators.

Company references

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Company at a glance

  • Headquarters: Lysaker, Norway
  • Listed/legal parent: Storebrand ASA, listed in Oslo
  • Core insurance businesses: occupational pensions; life insurance; asset management; banking and savings
  • Main markets: Norway and Sweden, with international investment clients
  • Reporting currency: NOK
  • Financial year-end: 31 December
  • Regulatory context: Norwegian group supervision, Solvency II for insurers and separate banking-capital rules

Business and operating structure

Storebrand ASA is the listed parent. Storebrand Livsforsikring carries major Norwegian life and pension obligations, SPP is the Swedish pension franchise, and Storebrand Asset Management runs investment activities. Banking and other savings businesses remain separately regulated components.

Key insurance activities

The group is concentrated in workplace pensions, long-term savings, life and disability protection, and investment management. Guaranteed legacy portfolios and unit-linked or defined-contribution business have different capital and earnings profiles. Swedish pension activity also introduces SEK exposure into NOK reporting.

Scale and current reporting context

Storebrand reports in Norwegian kroner for the year ending 31 December. FY2025 accounts are the current frame for insurance results, pension balances, fee income and assets under management. Assets managed for clients are not the same as group assets or insurance revenue.

Legal-entity, brand and subsidiary distinctions

SPP is a Swedish operating franchise, while Storebrand Livsforsikring is a Norwegian insurer. Storebrand Asset Management does not underwrite insurance, and the bank's loans and deposits follow a banking perimeter. A group business-area total can combine several subsidiaries.

Capital, ratings and regulatory context

Insurer solvency follows Solvency II at the disclosed undertaking or group level; banking capital uses separate rules. Ratings attach to the named issuer or insurer. Peer comparison should separate guaranteed pension liabilities, fee-based savings and banking from risk-bearing insurance.

What matters when comparing Storebrand

For Storebrand, comparison turns on guaranteed pension liabilities, fee-based savings, asset management and banking.

Related intelligence

Sources and methodology

  • Annual report — Storebrand; FY2025; Storebrand ASA group and report-defined subsidiaries/segments.
  • Solvency/SFCR — Storebrand; 31 Dec 2025; Storebrand ASA group, including non-insurance subsidiaries under stated consolidation rules.
  • Ratings/debt — Storebrand; Current table; Storebrand ASA and named insurance, bank, and covered-bond entities.
  • Official investor/business profile — Storebrand; Current investor hub; FY2025 report linked; Storebrand ASA group, primarily Norway and Sweden.
  • Exchange/listing — Euronext Oslo Børs; Current listing; Storebrand ASA, ISIN NO0003053605.