Storebrand's business model

Overview of the Storebrand Group

The Storebrand Group is made up of the principal business units: life and pensions, asset management, banking and P&C and health insurance.  

Storebrand Life Insurance offers products within occupational pension, private pension savings and life insurance for companies, public sector entities and private individuals.

SPP offers a wide range of pension solutions to companies, organisations and private individuals in Sweden. SPP holds a strong position in traditional pension products and unit linked products in the Swedish corporate market. Storebrand acquired SPP from Handelsbanken in 2007.

Storebrand Asset Management offers a complete asset management concept with actively managed portfolios of Norwegian, Swedish and international securities. The bulk of the assets stem from the life companies within the Storebrand Group, however external customers are also served both in the institutional and the retail market.

Storebrand Bank offers traditional banking services such as accounts and loans in the retail market and a broad range of financial services to corporate customers within the commercial real estate segment. Storebrand Bank is present only in the Norwegian market.

Storebrand P&C offers standard property and casualty insurance products in the Norwegian retail market and selected products for the corporate market. The company was launched in autumn 2006. Internet and telephone distribution represents around 85% of total sales.

Storebrand Health Insurance (50% owned) offers health care services and treatment insurance in the Norwegian and Swedish corporate and retail markets.