Results impacted by extraordinary weather conditions
Gjensidige Forsikring Group recorded a profit before tax of NOK 964.0 million (1,578.1) for the quarter. The result does not include the profit from Gjensidige Bank, as this now is recorded as a discontinued operation. The profit from general insurance operations measured by the underwriting result was NOK 573.4 million (1,150.2), corresponding to a combined ratio of 90.6 (81.0).Adjusted for the NOK 80.0 million restructuring provision, the result was NOK 653.4 million. The return on financial assets was 0.8 per cent (0.9), or NOK 426.5 million (477.3). The profit after tax from