Nord Insuretech Group (NORDIG) H1 2026 earnings summary

Executive summary

• Strategic shift announced to prioritize profitability and portfolio quality over high-volume sales, with investments in digital sales and business control.

• Portfolio reached NOK 85 million and 7,874 active policies by June 2026, reflecting continued growth.

• Emphasis on leveraging digital channels for cost-efficient customer acquisition and scalable operations.

Financial highlights

• Gross written premium from new sales rose to SEK 33.6 million, up from SEK 22.3 million year-over-year.

• Insurance portfolio increased from SEK 61.8 million to SEK 85.7 million, and active policies grew from 6,744 to 7,874.

• Net sales for H1 2026 were SEK 3,676 thousand, up from SEK 2,472 thousand year-over-year.

• EBITDA was SEK -10,250 thousand (vs. SEK -7,979 thousand), and loss after tax was SEK -15,372 thousand (vs. SEK -13,853 thousand).

• Cash and cash equivalents at period end were SEK 1.3 million, down from SEK 6.4 million a year earlier.

Outlook and guidance

• Focus on profitability and sustainable growth, with reduced emphasis on volume-driven sales.

• Investments planned in analytics and claims governance to improve portfolio profitability.