Gjensidige forsikring (GJF)

TekBot mars 5, 2024, 2:17pm #341

Gjensidige Forsikring ASA: Successful issuance of Restricted Tier 1 capital

With reference to the announcement on 4 March 2024, Gjensidige Forsikring ASA
(“Gjensidige”, OSE: GJF, LEI 5967007LIEEXZX6FAO47), rated A by S&P (stable), has
today successfully completed the issuance of a NOK 800 million Restricted Tier 1
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bond issue, which was substantially oversubscribed.

The Restricted Tier 1 bond issue will have a floating rate coupon equal to 3
months NIBOR + 2.80% p.a. and have a perpetual tenor with a first call option
for Gjensidige after 5.75 years. Expected issue rating is BBB by S&P.

Settlement of the bonds is expected to be 12 March 2024, and the bonds will be
applied for listing on Euronext Oslo Børs.

The Tier 1 issue is Solvency II compliant, and the issuance has been authorized
by the Company’s General Meeting and approved by the Norwegian Financial
Supervisory Authority.

For further information, please contact:
Mitra Hagen Negård, Head of Investor Relations, tel. +47 957 93 631

This information is subject to disclosure under the Norwegian Securities Act
section §5-12.

Gjensidige is a leading Nordic insurance group listed on the Oslo Stock
Exchange. We have about 4,500 employees and offer insurance products in Norway,
Denmark, Sweden and the Baltic states. In Norway, we also offer pension and
savings. The Group’s operating income was NOK 36 billion in 2023, while total
assets were NOK 148 billion.

Kilde

TekBot mars 5, 2024, 4:27pm #342

S&P assigns ‘BBB’ rating to the Tier 1 bond issued on 5 March

TekBot mars 20, 2024, 10:51am #343

Approval of plan for merger of Gjensidige and its wholly owned Danish subsidiary Gjensidige Forsikring Tidligere PenSam Forsikring A/S

Reference is made to the announcement on 31 October 2023 regarding Gjensidige’s
acquisition of PenSam Forsikring. The Board of Gjensidige Forsikring ASA
(“Gjensidige”) has today approved a merger plan between Gjensidige and its
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wholly owned Danish subsidiary Gjensidige Forsikring Tidligere PenSam Forsikring
A/S. It is planned that the boards of both companies will follow up on the
decision regarding the merger plan with a final resolution and a decision on the
merger on or about 24 April 2024 in Gjensidige and 2 May 2024 in the Danish
subsidiary. Both companies will apply to their respective national financial
supervisory authorities for approval of the merger, and the completion of the
merger will be contingent upon such approval. It is expected that the merger
will be completed during the third quarter 2024.

The merger will not have any effect on Gjensidige Group’s capital position and
aims to enhance operational efficiency. The merger plan will be submitted to the
Norwegian Register of Business Enterprises, and shareholders of Gjensidige will
receive written notification. The letter to the shareholders, available in both
English and Norwegian, is attached hereto. Additionally, the merger plan and
related documents will be available at Gjensidige’s offices and on
www.gjensidige.com.

This information is subject to disclosure under the Norwegian Securities Act
section §5-12 and the rules of the Oslo Stock Exchange.

Contact, Gjensidige Forsikring ASA:
Head of Investor Relations Hagen Negård. Tel: +47 957 93 631
Investor Relations Officer Marius Michelsen Fjellbo. Tel: +47 995 67 593
Gjensidige is a leading Nordic insurance group listed on the Oslo Stock
Exchange. We have about 4,500 employees and offer insurance products in Norway,
Denmark, Sweden and the Baltic states. In Norway, we also offer pension and
savings. The Group’s operating income was NOK 36 billion in 2023, while total
assets were NOK 148 billion.

Kilde

TekBot mars 20, 2024, 6:11pm #344

Annual General Meeting of Gjensidige Forsikring ASA

The Annual General Meeting of Gjensidige Forsikring ASA was held on 20 March
2024.

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All proposals on the agenda were adopted. The minutes from the General Meeting
are attached to this disclosure.

The General Meeting approved the Board’s proposal to distribute a dividend for
2023 of NOK 4,375 million, corresponding to NOK 8.75 per share, based on the
profit for the year. The ex. date is 21 March 2024, the record date is 22 March
2024, and the dividend will be paid on 5 April 2024 to shareholders as of 20
March 2024.

The General Meeting elected the Board proposed by the Nomination Committee. The
Board of Gjensidige Forsikring ASA now consists of the following persons:

Gisele Marchand, Chair (Re-elected)
Vibeke Krag (Re-elected)
Hilde Merete Nafstad (Re-elected)
Eivind Elnan (Re-elected)
Tor Mange Lønnum (Re-elected)
Gunnar Robert Sellæg (Re-elected)
Gyrid Skalleberg Ingerø (New)
Sebastian Buur Gabe Kristiansen (Employee-elected)
Ruben Pettersen (Employee-elected)
Ellen Kristin Enger (Employee-elected)

This information is subject to disclosure under the Norwegian Securities Trading
Act section 5-12

Contact, Gjensidige Forsikring ASA:
Head of Investor Relations, Mitra Hagen Negård. Tel: +47 957 93 631
Investor Relations officer, Marius Michelsen Fjellbo. Tel: +47 995 67 593

Gjensidige is a leading Nordic insurance group listed on the Oslo Stock
Exchange. We have about 4,500 employees and offer insurance products in Norway,
Denmark, Sweden and the Baltic states. In Norway, we also offer pension and
savings. The Group’s operating income was NOK 36 billion in 2023, while total
assets were NOK 148 billion.

Kilde

TekBot mars 20, 2024, 6:11pm #345

Generalforsamling i Gjensidige Forsikring ASA

Ordinær generalforsamling i Gjensidige Forsikring ASA ble avholdt den 20. mars
2024.

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Alle forslag på agendaen ble vedtatt. Protokollen fra generalforsamlingen finnes
vedlagt denne meldingen.

Generalforsamlingen vedtok styrets forslag til aksjeutbytte for 2023 på 4.375
millioner kroner, tilsvarende 8,75 kroner per aksje, på bakgrunn av årets
resultat. Eks. dato er 21. mars 2024, eierregisterdato er 22. mars 2024, og
utbyttet utbetales 5. april 2024 til aksjeeiere per 20. mars 2024.

Generalforsamlingen valgte styret foreslått av Valgkomiteen. Styret i Gjensidige
Forsikring ASA består nå av følgende personer:

Gisele Marchand, Styreleder (Gjenvalgt)
Vibeke Krag (Gjenvalgt)
Hilde Merete Nafstad (Gjenvalgt)
Eivind Elnan (Gjenvalgt)
Tor Mange Lønnum (Gjenvalgt)
Gunnar Robert Sellæg (Gjenvalgt)
Gyrid Skalleberg Ingerø (Nyvalgt)
Sebastian Buur Gabe Kristiansen (Ansattevalgt)
Ruben Pettersen (Ansattevalgt)
Ellen Kristin Enger (Ansattevalgt)

Denne meldingen er informasjonspliktig etter verdipapirhandelloven §5-12.

Kontaktperson, Gjensidige Forsikring ASA:
IR-direktør Mitra Hagen Negård. Tlf: +47 957 93 631
Investorkontakt Marius Michelsen Fjellbo. Tlf: +47 995 67 593

Gjensidige er et ledende nordisk skadeforsikringsselskap notert på Oslo Børs. Vi
har om lag 4 500 medarbeidere og tilbyr skadeforsikring i Norge, Danmark,
Sverige og Baltikum. I Norge tilbyr vi også pensjon og sparing. Driftsinntektene
var 36 milliarder kroner i 2023, mens totale eiendeler utgjorde 148 milliarder
kroner.

Kilde

TekBot mars 21, 2024, 6:02am #346

GJF: EX. DIVIDEND NOK 8.75 TODAY

tswbeta mars 21, 2024, 8:39pm #347

Hvorfor er det så mange salgsanbefalinger på denne tro?

TekBot mars 25, 2024, 1:11pm #348

Ny rente

TekBot mars 26, 2024, 1:17pm #349

Ny rente

TekBot april 4, 2024, 2:57pm #350

Ny rente

TekBot april 4, 2024, 3:18pm #351

Ny rente

TekBot april 9, 2024, 7:41am #352

Gjensidige Forsikring ASA: Approval of prospectus

The Financial Supervisory Authority of Norway has on 8 April 2024 approved the
prospectus prepared in connection with the application for listing on Oslo Børs
for ISIN NO0013167189 FRN Gjensidige Forsikring ASA Subordinated Tier 2 Callable
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Bond Issue 2024/2054 and for ISIN NO0013177220 FRN Gjensidige Forsikring ASA
2024/Perpetual Restricted Tier 1 Non-Cumulative Callable Bond Issue.

The approved supplement number 1 to the registration document and securities
notes with summaries for ISIN NO0013167189 and for ISIN NO0013177220 are
available on the company’s web site: Investor Relations -
Gjensidige.com (Investor Relations – Gjensidige.com).

This information is subject to disclosure under the Norwegian Securities Act
section §5-12.

Contact persons Gjensidige Forsikring ASA:
Head of Investor Relations, Mitra Hagen Negård, tel. +47 957 93 631
Investor Relations officer, Marius Michelsen Fjellbo, tel. +47 995 67 593
For more information about Gjensidige, please visit www.gjensidige.no/group.

Gjensidige is a leading Nordic insurance group listed on the Oslo Stock
Exchange. We have about 4,500 employees and offer insurance products in Norway,
Denmark, Sweden and the Baltic states. In Norway, we also offer pension and
savings. The Group’s operating income was NOK 36 billion in 2023, while total
assets were NOK 148 billion.

Kilde

TekBot april 9, 2024, 8:27am #353

Oslo Børs – Gjensidige Forsikring ASA - Mottatt søknad om notering av obligasjonslån

TekBot april 9, 2024, 8:27am #354

Oslo Børs – Gjensidige Forsikring ASA - Received application for listing of bonds

TekBot april 9, 2024, 8:27am #355

Oslo Børs – Gjensidige Forsikring ASA - Received application for listing of bonds

TekBot april 9, 2024, 8:27am #356

Oslo Børs – Gjensidige Forsikring ASA - Mottatt søknad om notering av obligasjonslån

TekBot april 9, 2024, 8:51am #357

Invitation to the presentation of Gjensidige’s results for the 1st quarter 2024

Gjensidige Forsikring (OSE:GJF) will publish the results for the 1st quarter
2024 on 25 April at 7.00 CET.

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25 April (Oslo)

9.00 CET

CEO Geir Holmgren and CFO Jostein Amdal will present the results in a combined
webcast and conference call. The presentation and following Q&A session will be
held in English. The webcast can be viewed live on www.gjensidige.com/ir.

Participants who would like to ask questions can dial in using one of the
telephone numbers below. The full presentation can also be listened to live,
using the same dial-in details.

Dial-in details:

Norway: +47 2156 3318 UK/ Europe: +44 (0) 33 0551 0200 USA: +1 786 697 3501
Other locations: Please choose one of the above.
Password: GjensidigeQ1

A replay of the presentation and Q&A session will be made available from the
same day.

11.00 CET

CEO Geir Holmgren and CFO Jostein Amdal will be available for a hybrid Q&A
session for sell-side analysts. Sell-side analysts who wish to attend can
register by sending an e-mail to ir@gjensidige.no by the end of 22 April. Please
specify if the attendance would be in person at Gjensidige’s head office,
Schweigaards gate 21 in Oslo or virtually. For virtual participants, dial in
details will be sent upon registration.

Contact persons, Gjensidige Forsikring ASA:
Head of Investor Relations, Mitra Hagen Negård. Tel.: +47 957 93 631
Head of Communication, Øystein Thoresen. Tel.: +47 952 33 382

For more information about Gjensidige, please visit www.gjensidige.com.

Gjensidige is a leading Nordic insurance group listed on the Oslo Stock
Exchange. We have about 4,500 employees and offer insurance products in Norway,
Denmark, Sweden and the Baltic states. In Norway, we also offer pension and
savings. The Group’s operating income was NOK 36 billion in 2023, while total
assets were NOK 148 billion.

Kilde

TekBot april 24, 2024, 11:41am #358

Approval of merger of Gjensidige and its wholly owned Danish subsidiary Gjensidige Forsikring Tidligere PenSam Forsikring A/S

Reference is made to the announcement on 20 March 2024 regarding the approval of
a merger plan between Gjensidige Forsikring ASA (“Gjensidige”) and its fully
-owned Danish subsidiary, Gjensidige Forsikring Tidligere PenSam Forsikring A/S
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(“Pensam”). Today, Gjensidige’s Board has approved the merger in accordance with
the announced plan. It is anticipated that Pensam’s Board will approve the
merger on 2 May 2024. Completion of the merger is subject to approval from the
Norwegian and Danish financial supervisory authorities. Both companies will
apply for such approvals. The merger is expected to be completed during the
third quarter of 2024.

This information is subject to disclosure under the Norwegian Securities Act
section §5-12 and the requirements of Oslo Børs’ Continuing Obligations.

Contact, Gjensidige Forsikring ASA:
Head of Investor Relations Hagen Negård. Tel: +47 957 93 631
Investor Relations Officer Marius Michelsen Fjellbo. Tel: +47 995 67 593
Gjensidige is a leading Nordic insurance group listed on the Oslo Stock
Exchange. We have about 4,500 employees and offer insurance products in Norway,
Denmark, Sweden and the Baltic states. In Norway, we also offer pension and
savings. The Group’s operating income was NOK 36 billion in 2023, while total
assets were NOK 148 billion.

Kilde

TekBot april 25, 2024, 5:00am #359

Resultat betydelig påvirket av været

Denne meldingen inneholder innsideinformasjon knyttet til Gjensidige Forsikring
ASA i henhold til EUs forordning om markedsmisbruk, og er informasjonspliktig
etter den norske verdipapirhandelloven §5-12.
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Gjensidige fikk et resultat etter skatt på 821 millioner kroner i første
kvartal. Forsikringsresultatet ble negativt påvirket av værrelaterte krav og
avsetninger. Justert for disse postene bedret resultatet seg, som følge av
fortsatt sterk omsetningsvekst og effektiv drift.

Høydepunkter første kvartal 2024 (første kvartal 2023)

· Resultat før skatt: NOK 1 076,2 million (1 491,5)
· Resultat per aksje: NOK 1,59 (2,26)
· Forsikringsinntekter: NOK 9 473,9 million (8 531,7)
· Forsikringsresultat: NOK 704,1 million (1 114,8)
· Combined ratio: 92,6 % (86,9 %)
· Kostnadsandel: 13,4 % (13,4 %)
· Finansresultat: NOK 447,6 million (794,1)
· Solvensmargin, godkjent partiell internmodell: 177 % (181 %)

Vi fortsetter å ha en veldig sterk veksttakt. Vi navigerte veldig godt gjennom
et tøft kvartal som var sterkt preget av krevende værforhold, sier konsernsjef
Geir Holmgren.

Jeg er imponert over organisasjonens evne til å håndtere nok et kvartal med et
uvanlig høyt antall skademeldinger. Vi har tatt godt vare på kundene våre når
det gjelder som mest, og behandlet skademeldinger godt og effektivt, sier
Holmgren.

Skadeforsikring

Forsikringsinntektene økte med 11 prosent til 9 473,9 millioner kroner (8
531,7), eller med 9,7 prosent målt i lokal valuta. Dette skyldes solide
fornyelser, effektive og differensierte pristiltak og volumvekst.

Forsikringsresultatet gikk ned med 36,8 prosent til 704,1 millioner kroner (1
114,8), som tilsvarer en combined ratio på 92,6 (86,9). Nedgangen var først og
fremst drevet av de tøffe værforholdene i Norden. En høyere diskonteringseffekt
bidro positivt til forsikringsresultatet.

Justert for 577,1 millioner kroner i værrelaterte skadekostnader og 108,2
millioner kroner i avsetninger som følge av en fersk dom i Danmark i favør av
Forbrukerombudet, ble forsikringsresultatet 1 389,4 millioner kroner. Dette
tilsvarer en combined ratio på 85,5.

Skadeprosenten økte med 5,6 prosentpoeng sammenlignet med første kvartal i fjor,
drevet av økningen i værrelaterte skadesaker. Justert for de værrelaterte
frekvensskadene og avsetningene nevnt ovenfor, ble den underliggende
frekvensskadeprosenten forbedret med 0,2 prosentpoeng. Kostnadsandelen var
stabil på 13,4 prosent.

Pensjon

Pensjonssegmentet oppnådde et resultat før skatt på 151,7 millioner kroner
(minus 8,5), drevet av høyere resultat for forsikringstjenester og endrede
finansielle forutsetninger. Forsikringsresultatet ble påvirket av justeringer
for beste estimat for fremtidige forpliktelser og justering av overskuddsdeling
ved årsskiftet, som utgjorde en positiv effekt på 35,3 millioner kroner i første
kvartal 2024 (minus 15,1).

Økonomisk resultat

Finansresultatet ble 447,6 millioner kroner (794,1), noe som tilsvarer en
totalkapitalavkastning på 0,7 prosent (1,3). Resultatet for kvartalet ble
positivt påvirket av høye løpende renter, lavere kredittspreader og positive
aksjemarkeder.

Utsiktene er fortsatt gode

-Utsiktene for Gjensidiges forsikringsresultat for resten av året er fortsatt
gode. Vi vil fortsette å fokusere på lønnsom vekst, og ytterligere forbedre
effektiviteten i hele konsernet, som sammen med vårt sterke produkttilbud og
solide kapitalposisjon lover godt for fortsatt solide resultater og attraktiv
avkastning til våre aksjonærer, sier Holmgren.

Denne meldingen inneholder alternative resultatmål (APM). APM er beskrevet på
www.gjensidige.com/rapportering

Denne meldingen har blitt publisert av Christian Haraldsen, som er
kommunikasjonssjef i Gjensidige Forsikring ASA.

Dato og tid for publisering: 07:00 CET, 25. april 2024.

Kontakter:
Kommunikasjonsdirektør Øystein Thoresen. Tlf: 47 952 33 382
IR-direktør Mitra Hagen Negård Tlf: 47 957 93 631

Gjensidige er et ledende nordisk skadeforsikringsselskap notert på Oslo Børs. Vi
har om lag 4500 medarbeidere og tilbyr skadeforsikring i Norge, Danmark, Sverige
og Baltikum. I Norge tilbyr vi også pensjon og sparing. Driftsinntektene var 36
milliarder kroner i 2023 mens forvaltningskapitalen utgjorde 148 milliarder
kroner.

Kilde

TekBot april 25, 2024, 5:00am #360

Results significantly impacted by weather

This release contains inside information related to Gjensidige Forsikring ASA
pursuant to the EU Market Abuse Regulation and is subject to the disclosure
requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
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Gjensidige generated a profit after tax of NOK 821 million in the first quarter.
The insurance service result was negatively impacted by weather-related claims
and provisions. The result improved when adjusting for these items, due to
continued strong momentum in revenue growth and efficient operations.

Highlights first quarter 2024 (first quarter 2023)

· Profit or loss before tax: NOK 1,076.2 million (1,491.5)
· Earnings per share: NOK 1.59 (2.26)
· Insurance revenue: NOK 9,473.9 million (8,531.7)
· Insurance service result: NOK 704.1 million (1,114.8)
· Combined ratio: 92.6 % (86.9 %)
· Cost ratio: 13.4 % (13.4 %)
· Financial result: NOK 447.6 million (794.1)
· Solvency ratio, approved Partial Internal Model: 177 % (181 %)

We continue to have a very strong growth momentum. We navigated very well
through a tough quarter which was heavily impacted by harsh weather conditions,
says CEO Geir Holmgren.

I am very impressed by our organisation’s ability to handle yet another
quarter with an extraordinary high number of enquiries and claims. We have taken
good care of our customers when it matters the most, and processed claims in an
efficient manner, Holmgren says.

General insurance

Insurance revenue increased by 11.0 per cent to NOK 9,473.9 million (8,531.7),
or by 9.7 per cent measured in local currency. This was due to solid renewals,
effective and differentiated pricing measures, and volume growth.

The insurance service result decreased by 36.8 per cent to NOK 704.1 million
(1,114.8), corresponding to a combined ratio of 92.6 (86.9). The decrease was
primarily driven by the harsh weather conditions in the Nordics. A higher
discounting effect contributed positively to the insurance service result.

Adjusted for NOK 577.1 million in weather-related claims and NOK 108.2 million
in provisions due to a recent court ruling in Denmark in favour of the Consumer
Ombudsman, the insurance service result was NOK 1,389.4 million. This
corresponds to a combined ratio of 85.5.

The loss ratio increased by 5.6 percentage points compared with the first
quarter last year, driven by the increase in weather-related claims. Adjusted
for the weather-related frequency claims and the provisions mentioned above, the
underlying frequency loss ratio improved by 0.2 percentage points.

The cost ratio was stable at 13.4 per cent.

Pension

The pension segment recorded a profit before tax expense of NOK 151.7 million
(minus 8.5), driven by a higher insurance service result and changes in
financial assumptions. The insurance service result was impacted by adjustments
to best estimate of future liabilities and year-end adjustments of profit
sharing, amounting to a positive impact of NOK 35.3 million in the first quarter
of 2024 (minus 15.1).

Financial result

The financial result for the quarter was NOK 447.6 million (794.1), which
corresponds to a return on total assets of 0.7 per cent (1.3). The result for
the quarter was positively impacted by high running yields, lower credit spreads
and positive equity markets.

Outlook remains good

-The outlook for Gjensidige’s insurance service result for the rest of the year
remains good. We will continue to focus on profitable growth, and further
improve operational efficiency across the Group, which together with our strong
product offering and solid capital position bode well for continued solid
results and attractive returns to our shareholders, Holmgren says.

This release contains alternative performance measures (APMs). APMs are
described at www.gjensidige.com/reporting

This release is issued by Christian Haraldsen, media relations officer at
Gjensidige Forsikring ASA.

Date and time of publication: 07:00 CET, 25 April 2024

Contact persons
Head of Communication, Øystein Thoresen. Tel: 47 952 33 382
Head of Investor Relations Mitra Hagen Negård. Tel: 47 957 93 631

Gjensidige is a leading Nordic insurance group listed on the Oslo Stock
Exchange. We have about 4,500 employees and offer insurance products in Norway,
Denmark, Sweden and the Baltic states. In Norway, we also offer pension and
savings. The Group’s operating income was NOK 36 billion in 2023, while total
assets were NOK 148 billion.

Kilde