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Gjensidige

From Wikipedia, the free encyclopedia
Norwegian insurance company
Gjensidige Forsikring ASA
Company typeAllmennaksjeselskap
OSE: GJF
IndustryFinancial services
Founded1923
HeadquartersOslo, Norway
Area served
Norway, Denmark, Sweden, Baltic region
Key people
Geir Holmgren (CEO), Inge Hansen (Chairman)
ProductsInsurance, pensions, savings, online banking
RevenueNOK 24.16 billion (2015)[1]
NOK 3.785 billion (2015)[1]
Total assets NOK 129.264 billion (end 2015)[1]
Total equity NOK 23.3 billion (end 2015)[1]
Number of employees
3,908 (end 2015)[1]
Subsidiaries Gjensidige Bank, Gjensidige Pensjon og Sparing
Websitewww.gjensidige.no

www.gjensidige.se

www.gjensidige.dk

Gjensidige Forsikring ASA is a Norwegian insurance company.[2] The company traces its roots back to 1816 when a fire mutual was founded as Land Gjensidige Brandkasse in what is today Innlandet county. Gjensidige demutualised and listed on the Oslo Stock Exchange in December 2010. The firm, headquartered in Oslo, has a market share of some 26% (2021) in the Norwegian insurance market. The company has 36 branch offices in Norway, not including affiliated fire mutuals, and 1 million customers. Gjensidige has subsidiaries in Denmark, Sweden and The Baltics.[3]

The company offers all kinds of insurance for retail customers, agriculture and business. It also offers pensions and savings products.

History

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Although the company traces its roots back to 1816, the brand name Gjensidige originates from the life insurance company Christiania almindelige gjensidige forsørgelsesanstalt that was established in 1847.[4] In the early 1970s the p&c-company traded under the name Samtrygd, whereas the life insurance company had simplified its name to Gjensidige Liv. The two companies formed a strategic alliance in 1976, adopting Gjensidige as a joint brand name, but as both companies were mutually owned they did not merge.

In 1992 Gjensidige acquired Forenede Forsikring and in 1993 Gjensidige Bank was created with banking services.[5] In 1999 Gjensidige and the savings bank Sparebanken NOR created the Gjensidige NOR-group.[6] The Group was a strategic alliance between mutually owned companies. When Gjensidige NOR merged with Den norske Bank in 2003 to form DnB NOR, Gjensidige Forsikring remained an independent company.

In 2007 Gjensidige acquired shares in Storebrand, and for some time held the position as the number one shareholder with 24.33% of the stock. The entire shareholding was sold in 2014.

In 2010 Gjensidige demutualised and was listed on the Oslo Stock Exchange.[7] The Gjensidige Foundation is the largest owner with some 62 percent of the shares.[8]

See also

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References

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  1. ^ a b c d e "Annual Report 2015 - Gjensidige". Archived from the original on 2016年12月20日. Retrieved 2016年12月19日.
  2. ^ "GJNSY.PK - Gjensidige Forsikring ASA Profile". Reuters. Retrieved 2021年09月03日.
  3. ^ "Gjensidige joins QTEM as newest Corporate Partner!". qtem.org (in Dutch). Retrieved 2021年09月03日.
  4. ^ fillix.lt (2020年12月15日). "Gjensidige". Fillix.Lt. Retrieved 2021年09月03日.
  5. ^ "Swire Chin's List of International Bank Mergers: Norway Bank Mergers & Acquisitions (DNB)". Swire Chin's List of International Bank Mergers. 2011年09月01日. Retrieved 2021年09月03日.
  6. ^ "DNB ASA". CompaniesHistory.com - The largest companies and brands in the world. 2020年09月30日. Retrieved 2021年09月03日.
  7. ^ Release, Press (2020年11月22日). "Gjensidige Forsikring ASA". NewsnReleases. Retrieved 2021年09月03日.
  8. ^ "EFC-Gjensidigestiftelsen" . Retrieved 2021年09月03日.
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