Storebrand: Decision in favor of SPP Livförsäkring AB in the dispute with Svenskt Näringsliv in Stockholm City Court

(Thomson Reuters ONE) -


Stockholm City Court has today decided in favor of Storebrand's Swedish daughter
company, SPP Livförsäkring AB, in  the dispute against Svenskt Näringsliv.
Svenskt Näringsliv, as a customer had filed a law suit regarding the
interpretation of insurance contracts in the Defined Benefit (DB) portfolio.


SPP Livförsäkring AB is satisfied that Stockholm City Court has the same
interpretation of the insurance contracts as SPP Livförsäkring AB .The verdict
will not affect the financial position of SPP Livförsäkring AB as the outcome
was as expected.

Svenskt Näringsliv has three weeks to determine whether to appeal the verdict.

Lysaker, 9 March 2012

Contact persons:

Director of Public Affairs Jan Otto Risebrobakken: (+47) 48 08 26 02
Public Relation Manager SPP, Åsa Wallenberg (+46) 84 51 71 83
Head of Investor Relations Trond Finn Eriksen: (+47) 99 16 41 35








This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Storebrand ASA via Thomson Reuters ONE

[HUG#1592842]

Weitere Infos zu dieser Pressemeldung:
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 09.03.2012 - 13:43 Uhr
Sprache: Deutsch
News-ID 123348
Anzahl Zeichen: 1566

contact information:
Town:

Oslo

Kategorie:

Business News

Diese Pressemitteilung wurde bisher 197 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Storebrand: Decision in favor of SPP Livförsäkring AB in the dispute with Svenskt Näringsliv in Stockholm City Court"
steht unter der journalistisch-redaktionellen Verantwortung von

Storebrand ASA (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

New insurance terms within defined benefit based pension in SPP ...

The Board of SPP Livförsäkring AB, a company within the Storebrand Group, has on 26 November approved changes in the insurance terms for the defined benefit based product (DB), which the company offers in the Swedish market. The approved changes w ...

Senior bond issue ...

Storebrand ASA has today successfully completed the issue of 5-year senior unsecured bonds in a total of NOK 550 million. The coupon on bond was set to 5,9%. Advisor and bookrunner was SEB Merchant Banking Oslo, 13 October 2009 Contact persons: St ...

Issuing senior bonds ...

Storebrand ASA has today decided to issue and sell senior unsecured bonds in NOK. SEB Merchant Banking is mandated adviser and bookrunner for the transaction and can be contacted for further information on terms and conditions and sales. Oslo, 13th ...

Alle Meldungen von Storebrand ASA