Storebrand Q3 profit after tax falls 16% year-on-year to NOK 996 million

Bitget2026/10/21 05:05

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Storebrand’s third-quarter 2026 profit after tax fell 16% year-on-year to NOK 996 million, affected by an unusually high effective tax rate.
Operating profit rose 7% to NOK 1.16 billion, while the insurance result jumped 28% to NOK 895 million.
Fee and administration income increased to NOK 2.14 billion, supported by growth in assets under management.
The acquisition of Knif Trygghet Forsikring closed on October 16.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Storebrand ASA published the original content used to generate this news brief via Cision (Ref. ID: 20261020:BIT:7238:0) on October 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Storebrand Q3 profit after tax falls 16% year-on-year to NOK 996 million

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