Capital investments 4th quarter 2020
Insurance companies’ capital investments have increased
Statistical news from Statistics Sweden and Swedish Financial Supervisory Authority 2021-03-01 9.30
The market value of insurance companies’ investment assets rose to SEK 5 661 billion in the fourth quarter of 2020. This can be compared with SEK 5 489 billion at the end of the previous quarter, and SEK 5 354 billion in the fourth quarter of 2019. Net investments in this industry amounted to SEK 11 billion in the quarter.
Strong development in shares and participations
The market value of insurance companies’ holdings in shares and participations increased by SEK 178 billion in the fourth quarter from SEK 3 549 billion to SEK 3 727 billion. Insurance companies’ total net investments amounted to SEK 28 billion in shares and participations, of which SEK 8 billion was in Swedish shares, SEK 5 billion was in foreign shares, SEK 3 billion was in warrants and other participations, and SEK 13 billion was in investment funds.
Developments were driven in particular by Swedish quoted shares and investment funds. There was little change in the market value of holdings in debt securities in the fourth quarter, both for non-life and life insurance companies.
The rising market value of insurance companies’ capital investments was only reflected in the life insurance industry. Non-life insurance companies’ holdings remained relatively unchanged from the previous quarter.
| Non-life insurance | Life insurance | ||||
|---|---|---|---|---|---|
| Quarter 4 | Quarter 3 | Quarter 4 | Quarter 3 | ||
| Market value | 586 | 586 | 5 075 | 4 903 | |
| Net transactions | ‑12 | 10 | 23 | ‑2 | |
Premiums paid and insurance benefits received for non-life insurance companies
Premiums paid to insurance companies amounted to SEK 71 billion, which can be compared with SEK 68 billion in the corresponding period a year earlier. “Severance pay insurance”, which increased by 12 percent, and “other property including pet insurance”, which increased by just over 11 percent, were the insurance classes with the largest relative increase. Insurance benefits received also increased by 12 percent for this class of insurance.
In addition, insurance benefits received from the industry amounted to SEK 53 billion, which can be compared with SEK 55 billion in the corresponding period a year earlier. This decrease is above all related to “credit insurance” and “marine, aviation and transport insurance”.
Next publishing will be
2021-05-31 at 9.30.
Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.