Gjensidige Forsikring ASA - Company Profile
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Gjensidige Forsikring ASA (Gjensidige), a subsidiary of Gjensidigestiftelsen, is a general insurance company. It offers life and health insurance, and non-life insurance products such as vehicle insurance, house and property insurance, and travel insurance among others. It also offers asset management, banking solutions, pension plans, claims settlement, underwriting solutions, schemes, saving solutions and sales and customer services. It has operations in Norway, Denmark, Sweden, Lithuania, Latvia and Estonia. It serves various customers including private and public organizations, municipal markets, and agricultural and commercial customers. Gjensidige is headquartered in Oslo, Norway.
Headquarters
Norway
Address
Schweigaards Gate 21, Oslo, 0191
Website
www.gjensidige.no
No of Employees
4,479
Industry
Financial Services
Ticker Symbol & Exchange
GJF (OSL)
Revenue (2023)
$3.4B
19.8%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
20.2%
(2023 vs 2022)
Market Cap*
$7.6B
Net Profit Margin (2023)
XYZ
0.4%
(2023 vs 2022)
* As of and is in US$
Gjensidige Forsikring ASA premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Personal Insurance | Asset Management |
| Accident and Health Insurance | Sales and Customer Services |
| Vehicle Insurance | Claims Settlement |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In October, the company completed the acquisition of PenSam Forsikring A/S from PenSam Pension Forsikringsaktieselskab A/S. |
| 2022 | Acquisitions/Mergers/Takeovers | In July, the company acquired Denmark-based Dansk Tandforsikring. |
| 2022 | Contracts/Agreements | In May, the company agreed to acquire 33.33% stake in Mycar Group. |
Competitor Comparison
| Key Parameters | Gjensidige Forsikring ASA | DNB Bank ASA | Orkla ASA | Kommunal Landspensjonskasse | Protector Forsikring ASA |
|---|---|---|---|---|---|
| Headquarters | Norway | Norway | Norway | Norway | Norway |
| City | Oslo | Oslo | Oslo City | Oslo | Oslo |
| State/Province | - | Oslo | Oslo | Oslo | - |
| No. of Employees | 4,479 | 10,625 | 20,471 | 1,061 | 436 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Gisele Marchand | Chairman | Executive Board | 2018 | 65 |
| Geir Holmgren | Chief Executive Officer | Senior Management | 2023 | 51 |
| Jostein Amdal | Executive Vice President; Chief Financial Officer | Senior Management | 2016 | 58 |
| Catharina Hellerud | Chief Risk Officer | Senior Management | 2022 | 55 |
| Tor Erik Silset | Executive Vice President - Technology and Infrastructure | Senior Management | 2020 | 47 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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