Higher insurance service result driven by revenue growth
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. The third quarter showed continued strong revenue growth as well as high claims levels for property and private motor insurance in Norway. Targeted measures will gradually improve the underlying profitability. Results from the investment portfolios and the pension business contributed to an annualised return on equity of 23.5 per cent. Due to the insurance service