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Gjensidige Forsikring ASA ( (GB:0OJC) ) has provided an update.
Gjensidige Forsikring ASA has completed the sale of its Baltic subsidiary ADB Gjensidige to ERGO International AG, marking an exit from its direct insurance operations in the Baltic region. The transaction generated proceeds of about EUR 99 million, which are expected to strengthen Gjensidige’s capital position by improving the group’s solvency ratio by around 5 percentage points in the first quarter of 2026, underscoring a strategic reallocation of capital that may enhance financial flexibility and support future core-market priorities.
The most recent analyst rating on (GB:0OJC) stock is a Buy with a NOK330.00 price target. To see the full list of analyst forecasts on Gjensidige Forsikring ASA stock, see the GB:0OJC Stock Forecast page.
More about Gjensidige Forsikring ASA
Gjensidige Forsikring ASA is a Nordic insurance group, providing a broad range of non-life insurance products and related services, with a presence in markets including the Baltics through its former subsidiary ADB Gjensidige.
Average Trading Volume: 295,368
Current Market Cap: NOK151B
For a thorough assessment of 0OJC stock, go to TipRanks’ Stock Analysis page.