Länsförsäkringar Fondliv's profit before tax increased to SEK 1,387m in the first half of 2026, compared to SEK 1,230m in the first half of 2025, according to the Swedish pension provider's half-year results.

The results also showed that premiums written increased to SEK 17,171m in H1 2026, compared to SEK 15,345m in H1 2025, while commission and fee income increased by SEK 37m to SEK 1,132m in the same period.

Länsförsäkringar Fondliv's assets under management (AUM) also increased, from SEK 274bn in H1 2025 to SEK 326bn in H1 2026.

Meanwhile, Länsförsäkringar Liv, which is closed to new business and manages traditional life insurance, saw its profit increase from SEK -562m in H1 2025 to SEK 3,272m in H1 2026. Its AUM increased by SEK 1bn to SEK 106bn.

The report explained that returns in the first half of the year were affected by volatile stock markets, with a weak start and a clear recovery during the second quarter.

The fund went on to explain that this also had an impact on Länsförsäkringar’s fund offering, as of the 153 funds, 90 per cent posted positive returns during the first half of 2026.

The average fund return was 9.9 per cent during the first half of the year and 16.2 per cent over the past 12 months.

During the first half of the year, five new pension funds were added to the offering, while other funds were closed due to lower customer interest or return potential.

The majority (99.5 per cent) of customers’ capital is invested in funds that promote sustainability or have sustainability-related information in accordance with European Union regulations.

Commenting on the results, Länsförsäkringar AB CEO, Björn Dalemo, said: “Länsförsäkringar's first half of 2026 was characterised by good results and a continued focus on future-proof operations.

"In a world with geopolitical uncertainty and extreme weather events, we are continuously adapting our operations to uphold our customer promise to simplify customers' everyday lives and contribute to a secure future.

“In 2026, the implementation of the IT solutions that we have been working on for a long time in the non-life, banking and pension businesses will continue, and we are now seeing positive effects in our customer meetings. We also continue to modernise our IT landscapes.

“At the same time, it is very important to focus on the development being cost-effective in order to optimise our investments for increased customer benefit.”

He added that “good growth” in Länsförsäkringar’s pension business shows that more customers are choosing the company for their long-term pension savings.

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