A strong fourth quarter and record high full year result – the Board proposes a dividend of NOK 12.25 per share
The result for the fourth quarter 2019 was strong, driven by continued improvement in the underlying underwriting result and significantly higher returns on financial assets. The result for the full year 2019 increased significantly compared with 2018, driven by gains on the sale of Gjensidige Bank, higher returns on financial assets, successful pricing measures, solid renewals, better weather conditions in Norway and good progress outside Norway. The Board proposes a dividend of NOK 12.25 per share, consisting of a regular dividend of NOK 7.25 and a special dividend of NOK 5.00.