Gjensidige Forsikring ASA
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Geir Holmgren
- Full Time Employees
- 4,664
- Sector
- Financial Services
- Industry
- Insurance - Diversified
- Address
- Schweigaardsgate 21 Oslo Norway 0191
- IPO Date
- Jul 2, 2014
- Website
- gjensidige.no
- Similar Companies
- Business
- Gjensidige Forsikring ASA operates as a leading Norwegian non-life insurance company, providing a comprehensive range of general insurance products including car, home, vacation home, personal property, boat, valuables, life, health, pet, travel, student abroad, youth, agriculture and business coverage; property insurance; accident and health insurance; pensions and savings plans in Norway; and mobility services through Flyt and REDGO. The company serves retail customers, businesses, public organizations and municipal bodies across Norway, Denmark, Sweden and the Baltic countries (Lithuania, Latvia, Estonia), with 36 branch offices in Norway and approximately 4,664 employees in six countries. Headquartered in Oslo at Schweigaards gate 21, Gjensidige traces its roots to 1816 and demutualized to list on the Oslo Stock Exchange in 2010, holding a 26% market share in the Norwegian insurance market. In March 2025, Gjensidige agreed to acquire 100% of Buysure AS and its subsidiary Claims Handling AS for up to NOK 430 million, securing five-year agreements with real estate agents covering 20% of private real estate transactions in Norway to strengthen change-of-ownership insurance products like home buyer and seller coverage, with expected annual insurance revenue of NOK 500 million and integration into the group by April 2025. The company maintains a 46% stake in Varsam Försäkring to dominate Swedish niche markets including home buyer/seller insurance and specialized risk management, alongside ongoing share buybacks under its savings scheme as of Q3 2025. Gjensidige, owned primarily by the Gjensidige Foundation with 62% of shares, reports NOK 38.4 billion in general insurance revenue and NOK 5.2 billion profit after tax, emphasizing digital claims processing, ESG integration and resilience amid climate and societal shifts.
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