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Payments from insurance savings are increasing

Publicerad: 2022-09-21 Nästa publiceringsdatum: 2023-09-21

The life insurance and occupational pension companies pay out insurance benefits in the form of an occupational pension and/or from savings in a private endowment insurance and private pension insurance.

In total, these companies paid out just over SEK 248 billion in 2021 (see figure 21). The largest share of the pay-outs concerned savings in endowment insurance and private pension insurance. These made up almost half of the payments (49 per cent). Remaining referred to occupational pension payments, of which traditional
insurance accounted for the largest part (37 per cent). In traditional insurance, it is the insurance and occupational pension companies that choose how to manage the capital and bear the financial risk, unlike unit-linked insurance and deposit insurance, where the policyholder chooses the funds, shares, and other
financial assets in which to invest and bears the financial risk.

Over the past ten years, occupational pension payments have increased by 91 per cent and payments from savings in private endowment insurance and private pension insurance have increased by 70 per cent.

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