Second quarter 2021: KPA Pension continues to increase its assets under management

30 July 2021

The stock exchanges continued to recover during the second quarter of 2021 and KPA Pension further strengthened its financial position through both increased assets under management and an increased solvency ratio.

Events during the second quarter

– KPA Pension increases its holdings in properties and alternative investments
– KPA Pensionsförsäkring AB applies for conversion to an occupational pension company
– KPA Pension invests in green bonds directly from Linköping Municipality. Pension money that builds a swimming pool in Linköping
– During the second quarter, KPA Pension launched a new service – Förmånskollen

Stable premium volume in KPA Pension

Premium income for KPA Pensionsförsäkring AB amounted to SEK 13.5 billion for the first half of 2021, slightly higher than the second quarter of the previous year, which amounted to SEK 13.2 billion.

Assets under management and solvency ratio increase

Assets under management and the solvency ratio will continue to strengthen during the second quarter of the year. Assets under management in KPA Pensionsförsäkring AB amounted to SEK 223 billion at the end of 2020 and increased to SEK 250 billion during the first half of 2021. Total return was 7.2 percent. The solvency ratio is further strengthened and amounts to 191 percent compared with 163 percent after the second quarter last year.

Sustainability is reported quarterly for KPA Pension

KPA Pension reports its own sustainability data quarterly since the second quarter of 2020. It covers the carbon footprint of its own operations, carbon dioxide emissions from the equity portfolios and energy consumption in Folksamgruppen’s properties and is part of our work in the Net Alliance. Both the carbon dioxide emissions in the own operations and the carbon dioxide footprint in the equity portfolio continue to educe.

Source: KPA