Storebrand ASA - Company Profile
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Storebrand ASA (Storebrand) is a financial services company. The company offers a range of savings, pension, and insurance products tailored to meet the needs of its clientele, comprising private individuals, companies, and public sector entities. It offers a range of insurance products including car insurance, home insurance, contents insurance, travel insurance, child insurance, health insurance, disability insurance, and life insurance. It also offers banking products, lending solutions, mortgage, pension funds, and international solutions. Furthermore, it offers asset management services. It has presence across Norway and Sweden. Storebrand is headquartered in Lysaker, Norway.
Headquarters
Norway
Address
Professor Kohts Vei 9, Lysaker, 1366
Website
www.storebrand.no
Telephone
47 2 2315050
No of Employees
2,541
Industry
Financial Services
Ticker Symbol & Exchange
STB (OSL)
Revenue (2024)
$19.9M
-93.4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-8.6%
(2024 vs 2023)
Market Cap*
$8.0B
Net Profit Margin (2024)
XYZ
1,278.4%
(2024 vs 2023)
* As of and is in US$
Storebrand ASA premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Pension Funds | Pension Solutions |
| Banking and Loans | Banking Services |
| Savings Accounts | International Solutions |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In June, the company signed an agreement to acquire a 100% stake in Knif Trygghet Forsikring AS. |
| 2024 | Contracts/Agreements | In June, the company signed an agreement to acquire an additional 50% shares in AIP Management P/S. |
| 2024 | Acquisitions/Mergers/Takeovers | In June, the company acquired 100% shares of Lysaker Park Eiendom AS for EUR150 million. |
Competitor Comparison
| Key Parameters | Storebrand ASA | Kommunal Landspensjonskasse | Gjensidige Forsikring ASA | DNB Livsforsikring ASA | Nordea Liv |
|---|---|---|---|---|---|
| Headquarters | Norway | Norway | Norway | Norway | Norway |
| City | Lysaker | Oslo | Oslo | Oslo | Bergen |
| State/Province | - | Oslo | Oslo | Oslo | Nordland |
| No. of Employees | 2,541 | 1,061 | 4,905 | - | - |
| Entity Type | Public | Private | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jarle Roth | Chairman | Executive Board | 2024 | 65 |
| Martin Skancke | Vice Chairman | Executive Board | 2024 | 59 |
| Kjetil R. Krokje | Executive Vice President - Sustainability; Group Chief Financial Officer | Senior Management | 2025 | - |
| Odd Arild Grefstad | Group Chief Executive Officer | Senior Management | 2012 | 60 |
| Trygve Hakedal | Executive Vice President - Digital | Senior Management | - | 46 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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