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GJF: Q2 profit rose 37% to NOK 1,830.5m, but higher claims pushed the combined ratio to 85.4%

GJF: Q2 profit rose 37% to NOK 1,830.5m, but higher claims pushed the combined ratio to 85.4%

Gjensidige Forsikring AsaJuly 15, 20243
GJF: Q2 profit rose 37% to NOK 1,830.5m, but higher claims pushed the combined ratio to 85.4%

About this update from Gjensidige Forsikring Asa

Profit before tax rose to NOK 1,830.5 million in Q2 2024, with insurance revenue up 9.7% year-over-year, but higher claims and weather events challenged profitability. The combined ratio increased to 85.4%, and financial targets for 2025 and 2026 are maintained. Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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