Storebrand Livsforsikring AS

Storebrand ASA (Storebrand) is a financial services company providing life and health insurance, pensions, banking, and asset management services.

Storebrand Life Insurance Company offers occupational and private pensions and life insurance to companies, public sector entities and private individuals. Storebrand is headquartered in Lysaker, Norway.

Market leader - One of Norway’s leading companies within occupational pensions, private pension savings, life insurance and health insurance. Storebrand Life Insurance has an overall share of 30% measured in terms of customers’ funds in the Norwegian market.

Some figures for Storebrand Group:

  • 100% of investments assessed by sustainability criteria
  • NOK 831 billion in assets under management
  • 40,000 corporate customers
  • 1,900,000 individuals
  • 5,000,000 yearly customers’ dialogues
  • >1,700 employees
  • High level of customer satisfaction - In the annual client satisfaction survey for the insurance industry, Storebrand has been listed as the Number 1 for the 10th consecutive year.

Attractive products - As the market leader in product development, Storebrand offers a complete product range with low administrative costs, low asset management fees, and tailor-made first-class client service.

  • First-class investment returns - for both DC and DB plans.
  • Cutting-edge IT tools - Highly efficient web portal facilitating management and administration for both employer and employees.
  • Increased focus on HSE (Health, Safety and Environment) - Systematically focusing on HSE results in greater satisfaction and improved quality of life for employees. Corporate customers will experience better value creation and lower sick leave costs, as well as lower insurance premiums.
  • Responsible investments - Savings and insurance are about security and trust. Responsible investments ensure that customers get the best possible returns.

Since 2008, sustainability reporting has been an integral part of the annual report and certified by an independent party. We have a responsibility to manage our customers' savings and pensions in a way that contributes to sustainable development. Storebrand has clear requirements for sustainable operations in our business and for our partners and suppliers. Sustainable and socially responsible investments lie at the core of our savings strategy. Among other things, we are supporting the UN Global Compact. As Norway's largest private asset manager, our most important influence on UN Sustainable Development Goals is tied to how we manage and invest than NOK 800 billion.

In 2018 Storebrand launched the portfolio Wave – a portfolio in which the customers invest in companies that are working to solve the greatest challenges in gender equality. (UN Sustainable Goals 5, 11, and 13.)

Recent Awards and Recognitions:

  • Global 100 is an annual, independent analysis of 7,395 companies, completed by the Canadian finance magazine Corporate Knights.
  • Storebrand is rated the world’s most sustainable insurance company in the index Global 100.
  • Storebrand is also rated as the Nordics most sustainable company in the finance industry.
  • Storebrand is also rated no. 13 as the most sustainable company in the world, independent of industry. Storebrand is the only Norwegian company on this list.