Highlights Q1 2024


CR 91.2% and 9% volume growth in local currencies

Key results:

  • Combined ratio: 91.2 % (93.2%)
  • Gross written premium growth 12% (27), 9% (21) in local currencies
  • Total investment return including insurance finance NOK 371.8m (521.7)
  • Profit for the quarter NOK 455.6m (626.2)
  • Earnings per share NOK 5.5 (7.6)
  • Solvency ratio 196% (198), post dividend

January 1st is the largest inception date in the Nordics, while April 1st is the
largest inception date in the UK; gross written premiums grew NOK 477m (28% in
local currencies) in the UK at this date.Gross written premium growth in local currencies 16% (56)

The Board has, in accordance with the mandate received from the Annual General
Meeting 11 April 2024, decided to distribute a dividend of NOK 165m,
corresponding to NOK 2.00 per share. The payment will take place on 23 July

Report (PDF, 445KB)
Presentation (PDF, 2MB)