The Norwegian insurer pointed towards its activities as the cause of the slightly weaker-than-expected result .the portfolio was positioned for a scenario that did not envisage the turbulence seen in the bond and equity markets ’.

As a result of these developments, changes have been made to the process for certain portfolios, including withdrawal from the mentioned,’ profits from the firm’s operations rose to 307 mln nkr from the ’s 250 mln, ahead of the 301 mln analyst forecast for the division .

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