Gjensidige Forsikring ASA (OSL:GJF)
Norway
· Delayed Price · Currency is NOK | Market Cap | 127.39B |
| Revenue (ttm) | 46.22B |
| Net Income (ttm) | 6.42B |
| Shares Out | 499.97M |
| EPS (ttm) | 12.83 |
| PE Ratio | 20.30 |
| Forward PE | 16.14 |
| Dividend | 14.50 (5.57%) |
| Ex-Dividend Date | Mar 27, 2026 |
| Volume | 795,995 |
| Average Volume | 469,824 |
| Open | 260.00 |
| Previous Close | 260.40 |
| Day's Range | 253.40 - 263.00 |
| 52-Week Range | 231.40 - 303.00 |
| Beta | 0.17 |
| RSI | 41.01 |
| Earnings Date | Apr 29, 2026 |
About Gjensidige Forsikring ASA
Gjensidige Forsikring ASA, together with its subsidiaries, provides general insurance and pension products in Norway, Sweden, Denmark, Finland, Latvia, Lithuania, and Estonia. It operates in four segments: General Insurance Private, General Insurance Commercial, General Insurance Sweden, and Pension. The company offers motor, property, travel, accident and health, general liability, natural perils, agriculture, medical treatment and expense, disability, income protection, workers’ compensation, motor vehicle liability, marine, aviation, transpo... [Read more]
Financial Performance
In 2025, Gjensidige Forsikring ASA's revenue was 46.22 billion, an increase of 10.24% compared to the previous year's 41.93 billion. Earnings were 6.42 billion, an increase of 28.16%.
Financial StatementsNews
Gjensidige Forsikring ASA Transcript: Pre-close call
Q1 2026 is marked by seasonally higher claims but no major natural perils, a reversal of a DKK 80 million provision, and a positive solvency impact from the Baltic sale. Large losses are estimated at NOK 580 million per quarter, with stable reserve and dividend policies.
Gjensidige Forsikring ASA Transcript: CMD 2026
Ambitious 2028 targets include a combined ratio below 81%, ROE above 28%, and NOK 10bn insurance service result, driven by operational excellence, advanced technology, and strong Nordic market positions. Strategic focus areas are customer empathy, resilience, profitable growth, and sustainability, with significant investments in AI, digitalization, and claims efficiency.
Gjensidige Forsikring ASA Earnings Call Transcript: Q4 2025
Strong Q4 and full-year 2025 results with improved profitability, robust capital position, and high customer retention. Dividend payout increased, IT system write-down boosts strategic flexibility, and pricing remains ahead of claims inflation.
Gjensidige Forsikring ASA Transcript: Pre-Close Call
Q4 is expected to show higher claims due to seasonality and Storm Amy, with NOK 400 million in related losses. Large losses are estimated at NOK 500 million per quarter, and solvency capital and reserves remain stable. Baltics business results are classified as discontinued operations.
Gjensidige Forsikring ASA Earnings Call Transcript: Q3 2025
Profit before tax reached NOK 2,067 million, with strong insurance revenue growth and improved profitability across Norway, Denmark, and Sweden. The combined ratio improved to 79.7%, and the solvency ratio rose to 191%, while price increases continue to outpace claims inflation.
Gjensidige Forsikring ASA Transcript: Pre-Close Call
Q3 2025 pre-close call highlighted seasonally lower claims, no major natural events, and a NOK 400 million pension IT write-off. New Tier 1 bond issuance and buybacks increased owned funds, with continued focus on reserve discipline and investment returns.
Gjensidige Forsikring ASA Earnings Call Transcript: Q2 2025
Q2 saw strong profit growth, improved combined and cost ratios, and high customer retention, driven by effective pricing and favorable claims trends. Claims inflation forecasts were reduced, price increases moderated, and financial targets reaffirmed, with continued vigilance on geopolitical and market risks.
Gjensidige Forsikring ASA Transcript: Pre-Close Call
Q2 2025 has seen favorable weather and no major natural peril events, supporting lower claims ratios. Large losses are estimated at NOK 2 billion for 2025, with solvency set to decrease due to the Bysor acquisition. Results for ADB Gjensidige remain classified as discontinued operations.
Gjensidige Forsikring ASA Earnings Call Transcript: Q1 2025
Profit before tax rose to NOK 1,790 million, with insurance revenue up over 10% and a combined ratio of 86.9%. Strong pricing actions and operational efficiency drove improved profitability, while the solvency ratio increased to 188%.
Gjensidige Forsikring ASA Transcript: Pre-Close Call
Q1 2025 pre-close call highlighted seasonally higher claims due to winter weather, a NOK 5 billion dividend payout, and the Bay Shore acquisition expected to boost insurance revenue. Large loss expectations have increased for 2025, and Baltic operations sale is on track for early 2026.
Gjensidige Forsikring ASA Transcript: Investor Update
NOK 812 million in claims cost savings were achieved two years ahead of target, driven by AI, automation, and procurement optimization, with 75% of savings in Norway. Technology, operational improvements, and sustainability initiatives contributed to efficiency gains and a 41% reduction in carbon intensity.
Gjensidige Forsikring ASA Earnings Call Transcript: Q4 2024
Q4 saw strong profit growth, improved combined and cost ratios, and robust revenue increases, driven by pricing and efficiency measures. Dividend payout is set at NOK 5 billion, with a solid solvency ratio and continued focus on profitability and operational improvements.
Gjensidige Forsikring ASA Transcript: Pre-Close Call
Q4 2024 pre-close call highlighted seasonality in claims, impacts from weather and acquisitions, and a strengthened capital position through a new bond and regulatory approval. Baltic operations are now reported as discontinued, with updated investment benchmarks and ongoing focus on transparency.
Gjensidige Forsikring ASA Earnings Call Transcript: Q3 2024
Profit before tax rose to NOK 2.25 billion, driven by strong insurance and investment results, despite higher claims in Norway. Significant price increases are being implemented to offset claims inflation, with 2025 and 2026 financial targets maintained.
Gjensidige Forsikring ASA Transcript: Pre-Close Call
Q3 2024 will reflect significant weather impacts, a NOK 120 million loss from the Baltic sale, and ongoing effects from Danish acquisitions. Underlying loss ratios are expected to improve, with reserve strengthening and claims inflation remaining key focus areas.
Gjensidige Forsikring ASA Transcript: Investor Update
Sale of Baltic operations for EUR 80 million sharpens focus on Nordic P&C markets, with a minor accounting loss but improved solvency expected. Dividend policy remains unchanged, and future M&A will target value-creating opportunities within the Nordics.
Gjensidige Forsikring ASA Earnings Call Transcript: Q2 2024
Profit before tax rose to NOK 1,830 million, driven by strong revenue growth but offset by high claims in Norway, especially in motor and property. Significant price increases and efficiency measures are being implemented to restore profitability, with all 2025 and 2026 financial targets maintained.
Gjensidige Forsikring ASA Earnings Call Transcript: Q2 2024
Q2 2024 saw strong revenue growth and a higher profit before tax, but profitability was challenged by elevated claims in Norway, especially in motor and property. Significant price increases and efficiency measures are being implemented to restore margins, with all financial targets for 2025 and 2026 reaffirmed.
Gjensidige Forsikring ASA Transcript: Pre-Close Call
Q2 is tracking as a typical summer quarter with no adverse weather impacts or significant one-off events. Claims inflation remains a focus, with ongoing price increases and higher deductibles to support profitability. Dividend was paid, and recent Danish acquisitions are reflected in revenue.