Gjensidige Forsikring ASA delivers robust fourth‑quarter earnings and announces dividend
On 29 January 2026, Gjensidige Forsikring ASA (GJF.OL) released the financial results for the quarter that ended 31 December 2025. The Norwegian insurer reported a net profit of NOK 1.310 billion, a rise of 10 % year‑on‑year, translating into earnings of NOK 2.58 per share versus NOK 2.38 in the comparable period of 2024.
The company’s total revenue for the quarter increased 10.9 % to NOK 11.261 billion, up from NOK 10.150 billion a year earlier. The growth reflects stronger underwriting results in both the household and business segments, as well as a continued expansion of Gjensidige’s property‑insurance portfolio across Norway.
Dividend policy
In addition to the quarterly profit, Gjensidige’s board proposed a cash dividend for the year. The dividend announcement was disseminated through multiple channels, including a press release on the company’s website and a formal filing on the Nasdaq Nordic platform. The proposed dividend is an extraordinary payout that will be reflected in the upcoming Annual General Meeting (AGM). The dividend is expected to provide a tangible return to shareholders while maintaining the company’s focus on long‑term solvency and capital efficiency.
Meeting and shareholder communication
The AGM, scheduled for the near future, will provide shareholders with an opportunity to discuss the year’s performance, the dividend proposal, and the company’s strategic outlook. The board highlighted that all financial targets for 2025 have been met, signalling a steady trajectory in profitability and cash‑generation capacity.
Market context
At the time of the announcement, Gjensidige’s share price stood at NOK 273.8, with a 52‑week high of NOK 303 and a low of NOK 215.8. The company’s market capitalization is 137 685 893 120 NOK, and its price‑earnings ratio is 21.79. Analysts have generally viewed the earnings surge favorably, citing the insurer’s resilient underwriting performance and the positive impact of the dividend on shareholder value.
International reach
While Gjensidige remains a predominantly Norwegian insurer, it has also achieved noteworthy performance in Denmark. The company’s Danish operations reported a record‑high performance for 2025, further underscoring Gjensidige’s ability to deliver consistent results across the Nordic region.
Conclusion
Gjensidige Forsikring ASA’s latest quarterly results demonstrate a healthy blend of revenue growth and profit improvement, coupled with a shareholder‑friendly dividend strategy. The company’s solid performance, both domestically and internationally, positions it well to navigate the evolving insurance landscape while continuing to provide value to its investors.
