Understanding Gjensidige NOR and Its Role in the Market

Gjensidige NOR is a Norwegian insurance company that has been around since 1841. It's one of the largest insurance companies in Norway.

Gjensidige NOR offers a wide range of insurance products, including life insurance, non-life insurance, and pension plans. The company has a strong presence in the Norwegian market.

Gjensidige NOR is known for its innovative approach to insurance, using technology to make its products more accessible and user-friendly. This has helped the company to grow its customer base and increase its market share.

Gjensidige NOR's commitment to innovation is evident in its use of data analytics and artificial intelligence to improve its risk assessment and claims processing.

We're fortunate to have a strong and stable ownership structure. Gjensidige is listed on the Oslo Stock Exchange, which means we're accountable to a large community of shareholders.

Our owners are a diverse group of approximately 38,000 individuals and organizations. The 20 biggest owners represent about 85 per cent of the shares in the company.

Gjensidigestiftelsen is our largest owner, holding a significant stake of 62.2 per cent. This ensures a stable and predictable ownership structure.

This stability is further reinforced by Gjensidigestiftelsen's statutes, which require that its ownership interest in Gjensidige amount to at least 60 per cent.

Gjensidige NOR is a Norwegian insurance company founded in 1818, making it one of the oldest insurance companies in the world.

It offers a wide range of insurance products, including life insurance, car insurance, and home insurance.

Gjensidige NOR has a strong presence in the Norwegian market, with a large customer base and a wide network of agents and brokers.

Gjensidige NOR is a mutual insurance company owned by its customers. This unique ownership structure is continued through Gjensidigestiftelsen.

The customers who take out general insurance policies with Gjensidige have a say in the company's governance. They elect and are eligible to attend the general meeting and the Board of Gjensidigestiftelsen.

Gjensidige Forsikring ASA has a beta of 0.21, which is significantly lower than 1. This means the volatility of Gjensidige Forsikring ASA is lower than the market volatility.

The beta of 0.21 is based on a reference index of OBX. The beta is a statistical measure that compares the volatility of a stock against the broader market.

Here are the 1-year, 2-year, and 3-year beta values for Gjensidige Forsikring ASA:

This shows that the beta values have been decreasing over the years, indicating a lower volatility of Gjensidige Forsikring ASA compared to the market.

If you're interested in learning more about Gjensidige NOR's competitors, there are several other banks worth considering.

Gjensidige NOR is a Norwegian insurance company, but it's often compared to other financial institutions in the country.

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