Skandiabanken (SBANK) investor relations material

Executive summary

• Premiums for January–September 2025 totaled SEK 33.7 billion, a slight decrease from SEK 33.9 billion year-over-year.

• Assets under management reached SEK 877 billion, up from SEK 863 billion at year-end.

• The traditional life portfolio delivered a total return of 3.2% for the first nine months, with a five-year average of 6.0%.

• The solvency ratio in the life company was 206%, up from 205% at year-end.

• The group maintained stability despite ongoing geopolitical tensions, inflation, and weak growth.

Financial highlights

• Premiums for traditional management were SEK 17.1 billion, for fund and deposit insurance SEK 13.5 billion, and for health and safety SEK 3.1 billion.

• Assets under management in the life company totaled SEK 623 billion, up from SEK 617 billion at year-end.

• Fund and deposit insurance assets under management were SEK 206 billion.

• Mortgage volume in the bank segment increased to SEK 113 billion from SEK 111 billion at year-end.

Outlook and guidance

• Signs of improved market prospects for unlisted companies are emerging.

• Riksbank’s rate cut in September is expected to support further recovery in the Swedish housing market.

• Continued focus on long-term security and sustainable returns, with ongoing investments in climate solutions.