Highlights Q1 2025

 

CR 95.9% and 17% volume growth in local currencies

Key results:

  • Combined ratio: 85.9% (91.2%)
  • Gross written premium growth 19% (12), 17% (9) in local currencies
  • Total investment return including insurance finance NOK 536m (372)
  • Profit for the quarter NOK 740m (456)
  • Earnings per share NOK 9.0 (5.5)
  • Solvency ratio 222% (196), 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 369m (14% in local currencies) in the UK at this date. 

The Board has, in accordance with the mandate received from the Annual General Meeting 10 April 2025, decided to distribute a dividend of NOK 247m, corresponding to NOK 3.00 per share. The payment will take place on 9 May 2025.

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