Storebrand ASA (SREDF)
Storebrand ASA operates in the Financial - Conglomerates industry of the Financial Services sector, headquartered in Lysaker, AK, NO. The stock last traded at $20.96, up 0.00% on the session, giving a market capitalisation of $8.77B. On trailing twelve-month figures it carries a trailing P/E of 18.00, a net margin of 9.3%. Its beta of 0.53 implies it has historically moved less than the broad market.
Established in 1767 and headquartered in Lysaker, Norway, Storebrand ASA offers an extensive array of insurance and financial products across Norway, the United States, Japan, and Sweden. The company's operations are divided into four main segments. Its Savings division provides solutions for retirement planning, defined contribution pension schemes, asset management, and consumer banking. The Insurance segment encompasses offerings such as health coverage, property and casualty policies, personal risk protection, and various employee and pension-related insurance products. Long-term pension savings, including defined contribution pensions, paid-up policies, and individual capital and pension insurance, fall under the Guaranteed Pension segment. Life insurance products are managed within the Other segment. Storebrand also extends its services to include securities, banking, and investment management. The firm serves a diverse client base, ranging from private individuals and corporate and retail markets to companies, municipalities, and the broader public sector.
Storebrand ASA is most often compared with the following Financial Services names: