Gjensidige Forsikring ASA (OTCPK:GJNSY)
$ 18.12 0.63 (3.6%) Market Cap: 9.06 Bil Enterprise Value: 9.12 Bil PE Ratio: 19.57 PB Ratio: 4.13 GF Score: 78/100
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Q4 2019 Gjensidige Forsikring ASA Earnings Call Transcript

Jan 22, 2020 / 08:00AM GMT
Release Date Price: $21.19
Operator

Good day, and welcome to the Gjensidige Fourth Quarter 2019 Results Presentation. Today's conference is being recorded.

At this time, I would like to turn the conference over to Ms. Mitra Negård, Head of IR. Please go ahead, madam.

Mitra Hagen NegÃ;rd
Gjensidige Forsikring ASA - Head of IR

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Thank you. Good morning, and welcome to this fourth quarter presentation of Gjensidige. My name is Mitra Negård, and I'm Head of Investor Relations. As always, we will start with our CEO, Helge Baastad, who will go through the highlights of the quarter; followed by our CFO, Jostein Amdal, who will run through the numbers in further detail. And we will have plenty of time for a Q&A at the end.

Helge, please?

Helge Leiro Baastad
Gjensidige Forsikring ASA - CEO

Thank you, Mitra. Good morning and welcome, everyone.

Starting with the fourth quarter on Page 2, we delivered a strong result. We generated a profit before tax of NOK 1.7 billion. The group's underwriting result for the

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