Gjensidige reports 85.4% CR as large losses drive Q2 miss

Norwegian insurer Gjensidige has missed earnings consensus for the second quarter, with its combined ratio deteriorating 2.2 percentage points to 85.4 percent on the back of higher-than-expected large losses and the continued impact of high inflation.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@wbmediagroup.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com