Gjensidige rises after Q2 earnings beat

Gjensidige Forsikring ASA

13/07/2026 08:24

  ** Shares in Gjensidige Forsikring GJFG.OL rise 4% after the Nordic insurer delivered a strong Q2 earnings beat
** Net income came in at NOK 2.12 billion  ($217.13 million), ahead of the NOK 2.0 billion consensus, while the combined ratio improved to 78.9%, beating expectations of 81.0%
** The company's insurance service result reached NOK 2.38 billion, well above the NOK 2.11 billion consensus
** Traders point out that even excluding the NOK 419.3 million Danish Supreme Court ruling benefit, the insurance result rose significantly year-on-year, supported by premium growth, stronger underwriting margins and cost discipline
** Today's gains added 5.7 billion Norwegian crowns to company's market cap


($1 = 9.7639 Norwegian crowns)

 (Reporting by Agnieszka Gosciak-Rabalska)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))