Company Overview of SPP Livförsäkring AB
SPP Livförsäkring AB, a life insurance company, offers pension and insurance products to companies, public sector entities, and private individuals in Nordic region. It offers life insurance, pension benefits, medical care and health insurance, pension plans for expatriates, mutual fund investments, and individual pension solutions. The company also offers advice on long-term pension savings; insurances and services for companies with staff that work abroad; and protection for employees who no longer belong to the Swedish social security or occupational pension schemes. In addition, it provides individual solutions, multinational pooling, captive reinsurance, savings plans, provident funds, ...
Stockholm, 105 39
Key Executives for SPP Livförsäkring AB
Compensation as of Fiscal Year 2013.
SPP Livförsäkring AB Key Developments
Svea Court of Appeal Rules in Favour of SPP Livförsäkring AB
Jun 27 13
Svea Court of Appeal has ruled in favour of Storebrand's Swedish subsidiary, SPP Livförsäkring AB, in the dispute against Svenskt Näringsliv. As a customer, Svenskt Näringsliv had filed a lawsuit regarding the interpretation of the insurance contracts in the Defined Benefit (DB) portfolio. SPP Livförsäkring AB announced that Svea Court of Appeal's interpretation of the insurance contracts complies with that of the company and Stockholm City Court. The verdict will not affect the financial position of SPP Livförsäkring AB as the outcome was expected. Svenskt Näringsliv has 4 weeks to decide whether or not to appeal to the Supreme Court.
SPP Announces Earning Results for the Fourth Quarter and Full Year Ended December 31, 2012
Feb 13 13
SPP announced earning results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported financial result of NOK 90 million against loss of NOK 182 million a year ago. Pre-tax profit was NOK 68 million against pre-tax loss of NOK 103 million a year ago. The income increased by 5% during the quarter due to growth in assets under management.
For the year, the company reported financial result of NOK 395 million against loss of NOK 226 million a year ago. Pre-tax profit was NOK 447 million against pre-tax loss of NOK 67 million a year ago. The income increased by 4% during the year due to growth in assets under management.
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