Insurance companies’ annual reporting 2018
Assets of life insurance companies decreased
Statistical news from Statistics Sweden and Swedish Financial Supervisory Authority 2019-08-30 9.30
Insurance companies’ total assets were valued at SEK 3 998 billion at the end of 2018, a decrease of SEK 55 billion compared with the previous year.
Investment assets for which the life insurance company bears the investment risk represented the single largest item on the asset side, valued at SEK 2 547 billion at the end of the year.
Results from insurance operations of life insurance companies amounted to SEK 5 billion in 2018. The corresponding figure in 2017 was SEK 150 billion. Insurance companies’ net premiums written amounted to SEK 137 billion at the end of 2018, an increase of SEK 19 billion compared with 2017.
Premiums and assets of non-life insurance companies
National non-life insurance companies’ net premiums written amounted to SEK 78 billion at the end of 2018, an increase of SEK 12 billion compared with 2017.
Total assets of national non-life insurance companies amounted to SEK 514 billion, a decrease of SEK 7 billion compared with 2017. Results amounted to minus SEK 4 billion, which can be compared with the results of minus SEK 3 billion a year ago.
Larger local non-life insurance companies reported net premiums written of about SEK 22 billion in 2018. The balance sheet total was SEK 116 billion, approximately SEK 8 billion more than the previous year. Results amounted to SEK 554 million, an increase of SEK 547 million compared with the previous year.
Publication
A more detailed report on this survey is published in tables.
Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.