Second quarter 2024 result s impacted by higher claims in Norway
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. Higher claims for motor and property insurance in Norway had a negative impact on the insurance service result. Adverse development in claims in the first quarter 2024 also contributed to the deterioration of the underlying frequency loss ratio in the second quarter. Ongoing pricing measures have been further strengthened to improve profitability. The insurance