Folksam
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Folksam (FS) investor relations material

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Folksam Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 earnings summary13 Feb, 2026

Executive summary

  • Achieved strong financial results in a turbulent year, with increased profitability and lower operating and claims costs, benefiting customers through higher returns and rebates.

  • Continued focus on digitalization, automation, and process efficiency, including difficult decisions like office closures to streamline operations.

  • Distributed over SEK 3 billion in rebates to life insurance savers and SEK 500 million to non-life customers.

  • Strengthened partnerships with unions and sports organizations, and launched new health support for over a million union customers.

Financial highlights

  • Total assets under management rose to SEK 999 billion from SEK 920 billion, driven by strong global and Swedish equity markets.

  • Group-wide returns: 8.3% for occupational pension, 7.5% for life, 7.2% for KPA occupational pension, and 7.2% for non-life.

  • Premium volume for the group reached SEK 71.9 billion, with a customer index (FKI) of 75%.

  • Non-life insurance premiums increased 6% to SEK 18.3 billion, with a pre-tax profit of SEK 6.2 billion and a cost ratio improvement to 84.4%.

  • Life insurance group premiums were SEK 60 billion, with assets under management at SEK 642 billion and a solvency ratio of 212%.

Outlook and guidance

  • Ongoing investments in digitalization and efficiency are expected to further improve customer value and operational performance.

  • Continued focus on sustainability, with new climate targets and increased investments in green and social bonds.

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Frequently asked questions

Folksam is a leading Swedish insurance company founded in 1908, focusing on a wide range of insurance and long-term savings products. The company serves approximately 4 million customers, managing around 600,000 claims annually. The company's insurance offerings are comprehensive, covering personal insurance savings, householders’ and houseowners’ insurance, commercial insurance for vehicles, boats, pets, and various types of group insurance catered to sports organizations, trade unions, and other entities. Folksam also facilitates pension savings and other forms of long-term savings. The company is headquartered in Stockholm, Sweden, and its shares are not listed on any stock exchange as it is a mutual company.

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