Malin Löfbom is Manager of Financial Reporting Insurance at Länförsäkringar AB and is responsible for the financial reporting process of the Insurance companies within Länsförsäkringar AB group as well as the implementation of the forthcoming IFRS 17. The group consist of Insurance- Banking-, Asset Management- and Real Estate companies.
Prior to Länsförsäkringar, Malin has more than 20 years of experience in accounting and financial reporting in different roles. Most recently for 8 years at Skandia, a mutual life insurance group, in Group Finance and Group Internal Audit. At Skandia, it included responsibilities in key projects such as IPO of a Norwegian Bank branch, implementation of a covered bonds program and outsourcing of accounting activities to a Lithuanian subsidiary. Malin worked as an Auditor at KPMG for 10 years, mainly within the Financial Service sector. Her experience from Finance and work as an Auditor has resulted in an extensive knowledge in financial reporting, tax, risk management, internal control, transformation, corporate law, compliance and financial control. At KPMG, Malin was an Authorized public accountant and Senior Manager. She was elected Auditor in some Swedish small and middle-sized insurance companies.
Furthermore, she is engaged in the Swedish insurance industry association. As an example, she has supported in writing comments on exposure draft of IFRS 4 and IFRS 9 to the IASB.