Nordea Liv reports strong growth in pensions and savings

Nordea Liv has reported strong results in the third quarter of 2026, with growth in both savings and pensions.

As of the third quarter, Nordea Liv posted a profit of NOK 1,591m, a 25 per cent improvement compared to the same period last year.

Additionally, premiums rose by 40 per cent to NOK 37bn in Q3 2026, compared with last year's third quarter.

The company's net flow for the period amounted to NOK 15.5bn, compared to NOK 4.4bn in the same quarter last year, corresponding to a growth of 254 per cent.

At the same time, total assets as of the third quarter amounted to NOK 317bn, up 17 per cent compared with the same period last year.

Commenting on the results, Nordea Liv CEO, Anders Granstad, said: “Nordea Liv delivered a strong third quarter, with broad progress in both growth and profitability.

"We see that interest in pensions and long-term savings is increasing, and that more and more people are making conscious choices to get more out of their savings.”

Nordea Liv has also retained its position as the market leader in self-selected own pension accounts and, as of the third quarter, holds 28.2 per cent of the market.

At the same time, the company has had strong growth in its chosen supplier and gained market shares throughout the year.

At the end of the third quarter, Nordea Liv had NOK 27.5bn under management within its own pension account.

The company sold about 1,900 new contracts in the period, and the digital share of sales increased to 25 per cent, from 17 per cent in the same period last year.

"More and more people want to make active choices for their own pension. Our ambition is to make it easy to get an overview, make good investment choices and build a stronger pension economy over time," Granstad added.

In addition to this, the sales of the investment fund account, Fondskonto, have increased by 103 per cent compared to the same period last year, and at the end of the year will contribute to the strongest sales for the company ever.

"We are seeing a sharp increase in interest in long-term fund savings, which can provide good returns and allow the money to grow over time. This gives more and more people a good starting point for long-term value creation," Granstad said.

At the end of the last quarter, Nordea Liv, in collaboration with Nordea Private Banking, launched the actively managed savings product Flyt, and at the end of the third quarter, Flyt had reached NOK 3.5bn in total assets.

"The interest has been enormous, and many have wanted to invest in Flyt. We expect continued strong growth in this product going forward," Granstad concluded.



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