Gjensidige crowns STOXX after Q2 beat

Gjensidige Forsikring ASA

11/07/2025 08:22

** Shares in Gjensidige Forsikring GJFG.OL rise 8% to record high after the Norwegian insurer posted better-than-expected topline results for Q2

** The group delivered insurance revenue of NOK 10.49 bln ($1.04 bln) in the quarter versus SEK 10.31 bln seen by analysts, and insurance service result nearly 24% ahead of estimates seen in the company-compiled consensus

** The year-on-year topline increase was mainly driven by pricing measures across the private and commercial portfolios in all geographies, renewals in the commercial portfolios and higher volumes in Denmark and Sweden, it said

** The stock, on track for its best day since January, tops STOXX 600 .STOXX index

($1 = 10.1041 Norwegian crowns)

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