
Nordea Liv has posted a pre-tax profit of NOK 475m for the third quarter, an increase of NOK 83m on the NOK 392m achieved in the same period last year.
It also brings its pre-tax profit for the year-to-date to NOK 1,271m. During the quarter, premium income rose to NOK 26.5bn, a 4% increase from last year, while assets under management (AuM) grew to NOK 271bn, up 11%.
Nordea Liv CEO, Hans-Erik Lind, said the quarter delivered “solid results” for its customers.
Furthermore, the provider continued to see positive development in its self-selected defined contribution pension accounts (EPK) offering, where it remains the largest player in the market.