KLP's results improved in Q2

Norwegian mutual insurance company Kommunal Landspensjonskasse Gjensidig Forsikringsselskap (KLP) reports profits before taxes worth EUR 67m in the second quarter of 2020, but lost EUR 14.3m on KLP Bedriftspensjon sale.

BY JOHN SELJEHAUG, FINANSWATCH.NO

Norwegian mutual insurance company Kommunal Landspensjonskasse Gjensidig Forsikringsselskap (KLP) presents profits before taxes worth NOK 713m (EUR 67m) in the second quarter of 2020 up against NOK 151m (EUR 14.3m) in the first quarter.

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KLP's results improved in Q2

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Front page now

Nordic Alpha Partners reels in international investment giants for second fund

Norwegians are investing record amounts in funds

World's best EMD team still waiting for clients to return to Danske AM

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Invesco seeing increased demand for Fixed income ETFs from Nordic investors

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Swedish FSA fines church pension fund for failing to limit investment risks

Danish pension fund drops drilling platform investments

Expansion of Nordic team has paid off: Inflows to all core products for US manager

Further reading

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New Nordic high yield manager keeps attracting inflows

Expansion of Nordic team has paid off: Inflows to all core products for US manager