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, accident and health, house and property insurance and travel insurance, among others. The company also offers asset management, banking solutions, pension plans, claims settlement, underwriting solutions, savings solutions and sales and customer services. Gjensidige serves various customers, including private and public organizations, municipal markets, and agricultural and commercial customers. The company's products and services are distributed through various channels, including office channels, call centers, internet, partners and external brokers. It has operations in Norway, Denmark, Sweden, Lithuania, Latvia and Estonia. Gjensidige is headquartered in Oslo, Norway.
Headquarters
Norway
Address
Schweigaards Gate 21, Oslo, 0191
Website
www.gjensidige.no
No of Employees
4,905
Industry
Financial Services
Ticker Symbol & Exchange
GJF (OSL)
Revenue (2024)
$4.1B
10.7%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
27.5%
(2024 vs 2023)
Market Cap*
$13.6B
Net Profit Margin (2024)
XYZ
15.3%
(2024 vs 2023)
* As of and is in US$
Gjensidige Forsikring ASA premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Property Insurance | Sales and Customer Services |
| Travel Insurance | Asset Management |
| Pension Plans | 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 |
|---|---|---|
| 2025 | Regulatory Approval | In April, ADB Gjensidige received approval from the Competition Council to merge with Ergo International AG |
| 2025 | Plans/Strategy | In March, the company announced its plans to acquire a 100% stake in Buysure AS and its subsidiary Claims Handling AS for NOK430 million. |
| 2024 | Contracts/Agreements | In July, the company entered into an agreement to sell its ADB Gjensidige to ERGO International, an insurance group. |
Competitor Comparison
| Key Parameters | Gjensidige Forsikring ASA | If P&C Insurance Holding Ltd | Tryg A/S | Kommunal Landspensjonskasse | Protector Forsikring ASA |
|---|---|---|---|---|---|
| Headquarters | Norway | Sweden | Denmark | Norway | Norway |
| City | Oslo | Bergshamra | Ballerup | Oslo | Oslo |
| State/Province | Oslo | Stockholm | - | Oslo | - |
| No. of Employees | 4,905 | 10,460 | 6,731 | 1,061 | 670 |
| Entity Type | Public | Private | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Dag Mejdell | Chairman | Executive Board | 2025 | 49 |
| Geir Holmgren | Chief Executive Officer | Senior Management | 2023 | 54 |
| Jostein Amdal | Chief Financial Officer; Executive Vice President | Senior Management | 2016 | 61 |
| Catharina Hellerud | Chief Risk Officer | Senior Management | 2022 | 58 |
| Lars G. Bjerklund | Executive Vice President - Commercial | Senior Management | 2018 | 55 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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