GJF delivered a group UW result of NOK 2.2bn and a CR of 79.0%, which was further boosted by a solid investment result in the quarter. The UW result was primarily driven by a solid improvement in Norway, while the commercial segment in Denmark also delivered better results. Private Denmark does however remain a weak spot, posting a 99.5% CR in the quarter. Though GJF is now moderating its pricing measures somewhat in Private Norway, it remains elevated in both motor (16% y/y) and property (14.5% ....

15 Jul 2025
Arctic: Gjensidige Forsikring - A rock-solid quarter with continued improvement

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Arctic: Gjensidige Forsikring - A rock-solid quarter with continued improvement
- Published:
15 Jul 2025 -
Author:
Roy Tilley | Martin Schei Nilsen -
Pages:
20 -
GJF delivered a group UW result of NOK 2.2bn and a CR of 79.0%, which was further boosted by a solid investment result in the quarter. The UW result was primarily driven by a solid improvement in Norway, while the commercial segment in Denmark also delivered better results. Private Denmark does however remain a weak spot, posting a 99.5% CR in the quarter. Though GJF is now moderating its pricing measures somewhat in Private Norway, it remains elevated in both motor (16% y/y) and property (14.5% ....