Strong second quarter profit
This release contains inside information related to Gjensidige Forsikring ASA pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. Gjensidige generated a profit after tax of NOK 1,044 million in the second quarter. The insurance service result was solid, reflecting strong revenue growth and solid operations, although higher claims frequency for several products in Norway affected profitability. Gjensidige has strengthened pricing measures and will adjust terms and conditions to ensure