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Gjensidige Forsikring ASA ( (GB:0OJC) ) has shared an update.
Gjensidige Forsikring ASA reported a significant improvement in its insurance service result for the second quarter of 2025, driven by effective pricing measures and favorable claims development. The company achieved a profit before tax of NOK 2,955.4 million, with an annualized return on equity of 31.3 percent, reflecting strong performance in investment portfolios and the pension business. The insurance revenue increased by 11.7 percent, primarily due to pricing measures and solid renewals in commercial portfolios, with notable growth in Denmark and Sweden. The company also shared NOK 2.8 billion as customer dividends, equating to 11 percent of premiums paid last year, demonstrating its commitment to customer satisfaction and competitive positioning in the market.
The most recent analyst rating on (GB:0OJC) stock is a Buy with a NOK220.00 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 leading Nordic insurance group listed on the Oslo Stock Exchange, with approximately 4,700 full-time employees. The company offers insurance products across Norway, Denmark, Sweden, and the Baltic states, and provides pension and savings solutions in Norway. In 2024, Gjensidige reported insurance revenue of NOK 39 billion and total assets of NOK 171 billion.
Average Trading Volume: 349,623
Current Market Cap: NOK129.6B
For a thorough assessment of 0OJC stock, go to TipRanks’ Stock Analysis page.