Brief: Gjensidige Q1 Results Impacted By Weather

Gjensidige Forsikring ASA

25/04/2024 06:14

April 25 (Reuters) - Gjensidige Forsikring ASA
 GJFG.OL :
    * RESULTS SIGNIFICANTLY IMPACTED BY WEATHER
    * OUTLOOK FOR GJENSIDIGE'S INSURANCE SERVICE RESULT FOR REST
OF
YEAR REMAINS GOOD
    * INSURANCE SERVICE RESULT WAS NEGATIVELY IMPACTED BY NOK
577
MILLION IN WEATHER-RELATED  CLAIMS IN THE QUARTER
    * THE GROUP AIMS TO DELIVER ON ITS FINANCIAL TARGETS FOR
2024
    * THE SIGNIFICANT WEATHER-RELATED CLAIMS AND THE  PROVISIONS
IN
THE FIRST QUARTER MAY CHALLENGE DELIVERY ON THE  COMBINED RATIO
TARGET FOR THE CURRENT YEAR
    * Q1 REINSURANCE PREMIUMS NOK -243.8 MILLION VERSUS NOK
-174.6
MILLION YEAR AGO

Source text for Eikon:  ID:nObid9yfXa 
Further company coverage:  GJFG.OL 

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