Brief: Gjensidige Acquires Insurance Agent Buysure

Gjensidige Forsikring ASA

11/03/2025 08:32

March 11 (Reuters) - Gjensidige Forsikring ASA GJFG.OL:

GJENSIDIGE ACQUIRES INSURANCE AGENT BUYSURE AS

TO ACQUIRE 100 PER CENT OF SHARES IN BUYSURE AS (BUYSURE) AND ITS SUBSIDIARY CLAIMS HANDLING AS FOR UP TO APPROXIMATELY NOK 430 MILLION

EXPECTS ANNUAL INSURANCE REVENUE FROM HOME SELLER INSURANCE DISTRIBUTED BY NEW REAL ESTATE AGENTS TO AMOUNT TO APPROXIMATELY NOK 500 MILLION OVER TIME.

MARKET FOR HOME SELLER INSURANCE WAS AROUND NOK 2 BILLION IN 2024 AND IS EXPECTED TO GROW GOING FORWARD

CLOSING IS EXPECTED TO TAKE PLACE IN APRIL 2025

Source text: ID:nObiZYfN0a

Further company coverage: GJFG.OL

 (Gdansk Newsroom)

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