Gjensidige (GJF) Investor Update summary
Event summary combining transcript, slides, and related documents.
Investor Update summary
15 Oct, 2026Accounting standards
IFRS 9 Financial instruments and IFRS 17 Insurance contracts change where, when and how specific items are recognised in financial statements; Group fundamentals, underlying cash flows, solvency and dividend policy remain unchanged.
Webinar hosted by CFO Jostein Amdal and Chief Accountant Karen-Elise Berg Christoffersen, with a presentation and transition guide available online.
Revised financial targets
Annual targets from 2023: combined ratio <84%, down 1 pp; cost ratio 14%, unchanged.
Annual targets from 2023: return on equity >20%, up 1 pp; solvency ratio 150–200%, unchanged.
Financial targets for 2022 remain unchanged; revisions mainly reflect technical adjustments based on the new standards and current interest rates.
Latest events from Gjensidige
- Holmgren named CEO from January 2023 as Nordic and Baltic growth strategy continues.GJF
Investor Update - Special dividend withdrawn; regular dividend maintained and estimated solvency margin at 211%.GJF
Investor Update - Q3 saw stable trading, limited fire event impact, and a clarified, robust solvency position.GJF
Pre-close call - Q2 2026 saw 33.3% ROE, 189% solvency, and continued strong dividend growth.GJF
Investor presentation - Pension drives scalable, capital-light growth with strong SME focus and ambitious financial targets.GJF
Analyst Day 2026 presentation - Delivers industry-leading returns, high retention, and ambitious growth and ESG targets.GJF
Company presentation - Insurance revenue up 9.3%, return on equity 33.3%, and solvency ratio at 189% in Q2.GJF
Q2 2026 - Profit before tax doubled to NOK 2.25bn, but high claims mean 2024 targets will not be met.GJF
Q3 2024 - NOK 812m in claims savings achieved two years early through AI and operational efficiencies.GJF
Investor Update