The combined ratio of the Norwegian insurance company Gjensidige gradually declined between 2010 and 2021, before raising slightly in 2022. Gjensidige Forsikring ASA, better known simply as "Gjensidige", is a Norwegian insurance company headquartered in Oslo. The combined ratio is a measure of profitability, and is the sum of incurred losses and expenses divided by the earned premiums. In 2023, the combined ration of Gjensidige was 87.6 percent - up from 82.8 percent the previous year.
The source provides the following information: "Defined as an alternative performance measure (APM). APMs are described in a separate document published at gjensidige.no/reporting."
* Gjensidige implemented IFRS 9 Financial Instruments and IFRS 17 Insurance Contracts on 1 January 2023. The effects of the transition are presented in the equity statement, and comparative figures have been restated.
Data prior to 2019 obtained from previous publications.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Gjensidige. (February 15, 2024). Combined ratio of Gjensidige from 2010 to 2023 [Graph]. In Statista. Retrieved November 06, 2024, from https://www.statista.com/statistics/1077999/combined-ratio-of-gjensidige/
Gjensidige. "Combined ratio of Gjensidige from 2010 to 2023." Chart. February 15, 2024. Statista. Accessed November 06, 2024. https://www.statista.com/statistics/1077999/combined-ratio-of-gjensidige/
Gjensidige. (2024). Combined ratio of Gjensidige from 2010 to 2023. Statista. Statista Inc.. Accessed: November 06, 2024. https://www.statista.com/statistics/1077999/combined-ratio-of-gjensidige/
Gjensidige. "Combined Ratio of Gjensidige from 2010 to 2023." Statista, Statista Inc., 15 Feb 2024, https://www.statista.com/statistics/1077999/combined-ratio-of-gjensidige/
Gjensidige, Combined ratio of Gjensidige from 2010 to 2023 Statista, https://www.statista.com/statistics/1077999/combined-ratio-of-gjensidige/ (last visited November 06, 2024)
Combined ratio of Gjensidige from 2010 to 2023 [Graph], Gjensidige, February 15, 2024. [Online]. Available: https://www.statista.com/statistics/1077999/combined-ratio-of-gjensidige/
