Trade Gjensidige Forsikring - GJF CFD

GJF Company profile

About GJENSIDIGE FORSIKRING ASA

Gjensidige Forsikring ASA is a Norway-based general insurance provider. It is the parent company within the Gjensidige group. Its product portfolio comprises such types of insurance, as car, home, vacation home, personal property, boat, valuables, life and health, pet, travel, student abroad and youth insurance. The Group offers its insurance products to private and commercial customers in Norway, Sweden, Denmark, Latvia, Estonia and Lithuania. In addition it offers online banking, loans and savings. The Company's subsidiaries include Gjensidiges Arbejdsskadeforsikring A/S, Gjensidige Baltic AAS, Gjensidige Bank Holding AS, Gjensidige Norge AS and Gjensidige Pensjon og Sparing Holding AS, and PZU Lietuva, among others.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, GJENSIDIGE FORSIKRING ASA revenues increased 14% to NOK32.69B. Net income applicable to common stockholders increased 44% to NOK7.14B. Revenues reflect General Insurance - Commercial segment increase of 13% to NOK10.08B. Net income benefited from GAAP Expense Ratio - % - Sweden decrease of 7% to 17.9%, GAAP Loss Ratio - % - Baltic increase of 19% to 77.7%.