Storebrand ASA Q3 2020 Earnings Call Transcript - Thomson StreetEvents

Storebrand ASA Q3 2020 Earnings Call Transcript

Storebrand ASA Q3 2020 Earnings Call Transcript - Thomson StreetEvents
Storebrand ASA Q3 2020 Earnings Call Transcript
Published Oct 21, 2020
Published Oct 21, 2020
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Abstract:

Edited Transcript of STB.OL earnings conference call or presentation 21-Oct-20 8:00am GMT

  
Report Type:

Transcript

Source:
Company:
Ticker
STB.OL
Time
8:00am GMT
Format:
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Hskon Astrup - DNB Markets, Research Division - Analyst : Two questions from me. The first one on the individual pension account. Can you provide an update there on how you see that will impact fees going forward? And also what do you have for mitigating measures? That was the first question. And the second question is also on solvency, you're closing in now on 190%. Based on the information that you have today, when do you expect to start to pay off the capital, which is tied up in the back book?


Question: Vegard Toverud - Pareto Securities AS, Research Division - Analyst : I just have a couple of questions on the repricing of the DB portfolio in Norway, if it could be some -- give us some numbers or be a little more specific on what this repricing means for the P&L? And also on the DC side, as I understood the report, both income and costs were somewhat lower in the quarter due to lower activity. Is it possible also to quantify the impact on income and costs for the DC products in Norway and Sweden?


Question: Vegard Toverud - Pareto Securities AS, Research Division - Analyst : Okay. So I'm just referring to the text in the report, which says that the public margins decreased due to lower activity based fees from pension administrative services.


Question: Vegard Toverud - Pareto Securities AS, Research Division - Analyst : Sorry, is it possible to repeat that number? And where do you expect that number to be the same next quarter or go back to a normal level?


Question: Vegard Toverud - Pareto Securities AS, Research Division - Analyst : Okay. And just to follow-up on Lars reply there earlier. The repricing is done only on the guaranteed element, there's no repricing of the administrative fee elements for the DB portfolio?

Table Of Contents

Storebrand ASA Q3 2021 Earnings Call Transcript – 2021-10-27 – US$ 54.00 – Edited Transcript of STB.OL earnings conference call or presentation 27-Oct-21 8:00am GMT

Storebrand ASA Q2 2021 Earnings Call Transcript – 2021-07-14 – US$ 54.00 – Edited Transcript of STB.OL earnings conference call or presentation 14-Jul-21 8:00am GMT

Storebrand ASA Q1 2021 Earnings Call Transcript – 2021-04-28 – US$ 54.00 – Edited Transcript of STB.OL earnings conference call or presentation 28-Apr-21 8:00am GMT

Storebrand ASA Q4 2020 Earnings Call Transcript – 2021-02-10 – US$ 54.00 – Edited Transcript of STB.OL earnings conference call or presentation 10-Feb-21 7:30am GMT

Storebrand ASA Capital Markets Day 2020 Transcript – 2020-12-10 – US$ 54.00 – Edited Transcript of STB.OL corporate analyst meeting</ 10-Dec-20 1:00pm GMT

Storebrand ASA Q2 2020 Earnings Call Transcript – 2020-07-15 – US$ 54.00 – Edited Transcript of STB.OL earnings conference call or presentation 15-Jul-20 8:00am GMT

Storebrand ASA Q1 2020 Earnings Call Transcript – 2020-04-30 – US$ 54.00 – Edited Transcript of STB.OL earnings conference call or presentation 30-Apr-20 6:30am GMT

Storebrand ASA Q4 2019 Earnings Call Transcript – 2020-02-12 – US$ 54.00 – Edited Transcript of STB.OL earnings conference call or presentation 12-Feb-20 1:00pm GMT

Storebrand ASA Q3 2019 Earnings Call Transcript – 2019-10-23 – US$ 54.00 – Edited Transcript of STB.OL earnings conference call or presentation 23-Oct-19 12:00pm GMT

Storebrand ASA Q2 2019 Earnings Call Transcript – 2019-07-12 – US$ 54.00 – Edited Transcript of STB.OL earnings conference call or presentation 12-Jul-19 12:00pm GMT

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MLA:
Thomson StreetEvents. "Storebrand ASA Q3 2020 Earnings Call Transcript" Oct 21, 2020. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2020-Storebrand-ASA-Earnings-Call-T13435935>
  
APA:
Thomson StreetEvents. (2020). Storebrand ASA Q3 2020 Earnings Call Transcript Oct 21, 2020. New York, NY: Alacra Store. Retrieved Nov 06, 2026 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2020-Storebrand-ASA-Earnings-Call-T13435935>
  
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