Solid fourth quarter and full year underwriting results. The financial result reflects high market volatility.
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. Strong operations, effective pricing measures, good risk selection and stringent cost control resulted in a solid underwriting result for the quarter and full year. The return on the investment portfolio reflects market conditions. The outlook for Gjensidige’s underwriting results remains good. The Board proposes a regular dividend of NOK 8.25 per share.