Storebrand ASA (STB.OL)
Storebrand ASA operates in the Financial - Conglomerates industry of the Financial Services sector, headquartered in Lysaker, AK, NO. The stock last traded at $194.30, up 0.78% on the session, giving a market capitalisation of $81.34B. Its beta of 0.53 implies it has historically moved less than the broad market.
Storebrand ASA, along with its subsidiaries, delivers a comprehensive array of insurance and financial products primarily across Norway, the United States, Japan, and Sweden. The company's operations are structured into four distinct segments: Savings, Insurance, Guaranteed Pension, and Other. Its Savings division encompasses retirement plans, defined contribution pensions, asset management, and retail banking offerings. The Insurance segment provides coverage for health, property, and casualty risks, alongside personal risk and employee-related or pension-linked insurance products. Within the Guaranteed Pension segment, customers find long-term pension savings solutions such as defined contribution pensions, paid-up policies, and individual capital and pension insurance. The 'Other' segment primarily focuses on life insurance products. Additionally, Storebrand ASA offers services in securities, banking, and investment. The company caters to a broad clientele, including private individuals, corporate and retail markets, companies, municipalities, and public sector organizations. Storebrand ASA was established in 1767 and maintains its headquarters in Lysaker, Norway.
Storebrand ASA is most often compared with the following Financial Services names: