Gjensidige Q3 pretax profit rises to NOK 2.78 billion
- Gjensidige reported third-quarter 2026 pretax profit of NOK 2.78 billion, up from NOK 2.07 billion a year earlier.
- General insurance service profit rose to NOK 3 billion from NOK 2.27 billion, driven by lower loss ratios.
- Insurance revenue increased 1.5% to NOK 11.37 billion; growth in local currencies reached 3.7%.
- The combined ratio improved to 73.6% from 79.7%, reflecting stronger underwriting profitability.
- The investment portfolio posted a NOK 192.9 million loss versus a NOK 534 million profit, reflecting higher interest rates and credit spreads.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gjensidige Forsikring ASA published the original content used to generate this news brief via NewsWeb, the disclosure sustem operated by Euronext Oslo (Ref. ID: 202610230101OSLOBORSNEWS__EN_EE822AA6A79AC54C2CDA02CDDFC1384), on October 23, 2026, and is solely responsible for the information contained therein.