Gjensidige Q4 and Full Year Report 2013

Fourth quarter and preliminary 2013

Fourth quarter:

Group

• Profit/loss before tax expense: NOK 1,283.1 million (1,381.3)

• Profit per share: NOK 2.27 (2.01)

General insurance

• Earned premiums: NOK 4,766.3 million (4,418.2)

• Underwriting result: NOK 375.7 million (602.7)

• Combined ratio: 92.1 (86.4)

• Cost ratio: 15.2 (16.0)

• Financial result: NOK 877.6 million (773.1)

Full year:
 
Group

• Profit/loss before tax expense: NOK 4,574.1 million (5,633.5)

• Profit per share: NOK 7.34 (8.56)

General insurance

• Earned premiums: NOK 18,736.9 million (17,797.3)

• Underwriting result: NOK 2,019.6 million (2,607.8)

• Combined ratio: 89.2 (85.3)

• Cost ratio: 15.3 (15.5)

• Financial result: NOK 2,480.9 million (3,005.1)

Proposed dividend

• Proposed total dividend: NOK 6,400.0 million (3,425.0)

• Proposed total dividend per share: NOK 12.80 (6.85)

     –– Dividend based on profit for the year: NOK 6.80
     –– Dividend based on distribution of excess capital: NOK 6.00

For more information, click the link below
Gjensidige Q4-2013

Tweet