See our Annual report 2016
We sustained our strong performance in 2016, reporting decent growth in policyholder contributions, lower expenses and solid investment returns in both the market-rate and the average-rate environments. Contributions total-led DKK 9.0 billion, an increase of 4.9% over 2015. Expenses per policyholder were down by 3.6% to DKK 397 from the already low level of DKK 412. Total investment expenses (APR) were 0.43% in the market-rate segment. In the average-rate segment, investment expenses were only 0.50%, among the very lowest in the market.
he investment return was DKK 14.2 billion, up from DKK 3.0 billion in 2015. This enabled Sampension to pay market-rate policyholders a total return of 7.2%, ranging between 4.8% and 9.7% depending on policyholders’ age and risk proﬁle. Average-rate policyholders received a 5.3% return on their savings. These returns were some of the best in the market.
Total assets were DKK 268 billion, an increase of DKK 18 billion over 2015. Sampension’s strong capital position is evident from its solvency coverage ratio of 427%, up from 252% in 2015. Both calculated after implementation of all Solvency II requirements, these numbers show that Sampension is well positioned for the future in terms of capital.