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Storebrand

Storebrand
Company nameStorebrand ASA
Company typeAllmennaksjeselskap
IndustryInsurance
Founded1767
HeadquartersLysaker, Norway
Area servedNorway, Sweden
Key peopleIdar Kreutzer (CEO), Birger Magnus (Chairman)
RevenueNOK 48.24 billion (2010)
Net incomeNOK 1.471 billion (2010)
Total assetsNOK 390.41 billion (end 2010)
Total equityNOK 18.42 billion (end 2010)
Employees2,160 (FTE, end 2010)

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Storebrand is a financial services company in Norway. By volume, the company's main activities are related to life insurance and pension savings. However, the company also has major divisions working on investments, banking and, since 2006, P&C insurance products. Through its acquisition of Swedish SPP from Handelsbanken i 2007, Storebrand now has a sizable division dedicated to the Swedish market for life insurance.

The company's headquarters are located in Norway, in Lysaker in the municipality of Bærum, just outside Oslo. Storebrand is a public company listed on the Oslo Stock Exchange. The company CEO is Idar Kreutzer.

Storebrand issues an annual report for companies part-taking in socially responsible investments.


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