Storebrand is a financial services company in Norway. By volume, the company's main activities are related to life insurance and pension savings. However, the company also has major divisions working on investments, banking and, until 1999 and again since 2006, P&C insurance products. Through its acquisition of Swedish SPP from Handelsbanken in 2007, Storebrand gained a sizable division dedicated to the Swedish market for life insurance.
The company's headquarters are located in Lysaker in the municipality of Bærum, just outside Oslo, Norway.
Storebrand is a public company listed on the Oslo Stock Exchange. The company CEO is Odd Arild Grefstad.
Storebrand issues an annual report for companies engaging in socially responsible investments.
History
The company traces its roots back to 1767 when Den almindelige Brand-Forsikrings-Anstalt, later Norges Brannkasse, was formed.
In 1982 Storebrand merged with its competitor, insurance company Norden, to form the Storebrand-Norden group. The company changed its name to AS Storebrand in 1986.
In 1991 Storebrand merged with the companies under the UNI Forsikring