Lansforsakringar Alliance, Interim Report, January - September 2006.STOCKHOLM, Sweden -- "LEnnsfErsEnkringar is performing well. The earnings trend remains strong in non-life insurance, life assurance and banking. It is particularly pleasing that the work with refining refining, any of various processes for separating impurities from crude or semifinished materials. It includes the finer processes of metallurgy, the fractional distillation of petroleum into its commercial products, and the purifying of cane, beet, and maple sugar the fund offering has led to the LEnnsfErsEnkringar Alliance now having one of the best offerings in this area. The focus on enhancing efficiency and profitability in recent years has created a substantial position of strength for the future. We are now entering an era of new challenges for LEnnsfErsEnkringar", says Tommy Persson, Managing Director of LEnnsfErsEnkringar AB, the Group's jointly-owned company. Summary * Continued strong profitability within non-life insurance operations. The technical result amounted to SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 1,873 M (2,055). * Premium income from life assurance and unit-linked insurance amounted to SEK 7,106 M (3,430). Premiums earned rose by 8% to SEK 7,222 M (6,670). Investment income amounted to SEK 4,616 M (14,221) M. * Operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. from bank operations amount to SEK 172 M (150) before loan losses. Lending to the public rose by 16% to SEK 52 billion (45). Deposits from the public rose by 14% to SEK 24 billion (21). * The number of customers in the regional insurance companies at the end of the third quarter was 3,179,000, an increase of slightly more than 32,000 during the first nine months of the year. Figures in parentheses See parenthesis. parentheses - See left parenthesis, right parenthesis. pertain to pertain to verb relate to, concern, refer to, regard, be part of, belong to, apply to, bear on, befit, be relevant to, be appropriate to, appertain to the corresponding period in 2005. The LEnnsfErsEnkringar Alliance is neither a legal entity nor, in the legal sense of the term, a Group; it is an alliance between 24 independent regional insurance companies that jointly own LEnnsfErsEnkringar AB. LEnnsfErsEnkringar's earnings from non-life insurance consist of the sum total of the earnings of the 24 regional insurance companies and of the jointly-owned LEnnsfErsEnkringar AB, excluding life assurance and banking. Read the entire report: www.lansforsakringar.se/reports With 24 independent regional insurance companies and the jointly owned LEnnsfErsEnkringar AB, LEnnsfErsEnkringar is Sweden's only customer-owned and locally based banking and insurance group. LEnnsfErsEnkringar has Sweden's most satisfied bank and insurance customers, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Swedish Quality Index survey. LEnnsfErsEnkringar was named "Non-life Insurance Company of the Year" for the third consecutive year by the AffEnrsvEnrlden business weekly. LEnnsfErsEnkringar offers a broad range of insurance and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. for companies and private individuals. LEnnsfErsEnkringar is the market leader in the Swedish non-life insurance segment, with a market share of 30%. The market share in life and pension assurance is 10% and 3.0% in banking. LEnnsfErsEnkringar also includes Agria ag·ri·a n. An extensive pustular eruption. DjurfErsEnkring (animal insurance). LEnnsfErsEnkringar manages assets of SEK 173 billion. This information was brought to you by Waymaker http://www.waymaker.net |
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