On the right side of history

Storebrand held a Capital Markets Day on 10 December 2020.

Strategy 2021-2023 

Leading the way in sustainable value creation

– Storebrand has followed an active and consistent strategy with a proven track record of shifting the business mix towards capital light savings and insurance products, replacing legacy guaranteed business. The Storebrand of the future will be a market leader in occupational pensions, a Nordic powerhouse in asset management, combined with a broad retail offering driven by insurance growth. Our ambition is to deliver NOK 4 billion in Group profit (before amortisation and tax) in 2023. We reaffirm our commitment to create a compelling combination of self-funded growth and increasing capital return for our shareholders. Earnings growth will support a growing dividend. In addition, the run-off of the guaranteed business is expected to return around NOK 10 billion of capital to shareholders until 2030, says Odd Arild Grefstad, Chief Executive Officer of Storebrand.

– This is not the time to be on the wrong side of history as transition risk is increasing for financial investments. We believe that a robust and well-proven sustainable framework is crucial to navigate through transition risk into a low emission society. We will demonstrate how Storebrand adds value beyond return for customers and shareholders by uncompromisingly setting the standard, and we aim to be the world's most sustainable financial company, says Odd Arild Grefstad, Chief Executive Officer of Storebrand.

Agenda
 

NB! Tabellen nedenfor er antagelig bredere enn skjermen din. Du kan rulle innholdet mot høyre og venstre.

For questions, please contact Storebrand Investor Relations: IR@storebrand.no