GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Gjensidige Forsikring ASA (OTCPK:GJNSY) » Definitions » Net Investment Income

Gjensidige Forsikring ASA (Gjensidige Forsikring ASA) Net Investment Income : $71 Mil (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Gjensidige Forsikring ASA Net Investment Income?

Net investment income is the income earned by insurance companies through investments.Gjensidige Forsikring ASA's net investment income for the three months ended in Dec. 2023 was $141 Mil. Its net investment income for the trailing twelve months (TTM) ended in Dec. 2023 was $71 Mil.

Gjensidige Forsikring ASA's quarterly net investment income increased from Jun. 2023 ($-60 Mil) to Sep. 2023 ($-60 Mil) and increased from Sep. 2023 ($-60 Mil) to Dec. 2023 ($141 Mil).

Gjensidige Forsikring ASA's annual net investment income declined from Dec. 2021 ($22 Mil) to Dec. 2022 ($-413 Mil) but then increased from Dec. 2022 ($-413 Mil) to Dec. 2023 ($69 Mil).


Gjensidige Forsikring ASA Net Investment Income Historical Data

The historical data trend for Gjensidige Forsikring ASA's Net Investment Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gjensidige Forsikring ASA Net Investment Income Chart

Gjensidige Forsikring ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Investment Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 161.09 -32.12 22.05 -412.86 68.63

Gjensidige Forsikring ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Investment Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 123.57 50.92 -60.46 -60.22 140.88

Gjensidige Forsikring ASA Net Investment Income Calculation

Income earned by insurance companies through investments. Insurance companies usually invest the float they received in stocks or bonds to generate additional income before the premium is paid to cover insurance losses.

Net Investment Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $71 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Gjensidige Forsikring ASA (Gjensidige Forsikring ASA) Business Description

Traded in Other Exchanges
Address
Schweigaardsgate 21, Oslo, NOR, 0191
Gjensidige Forsikring ASA is a diversified insurance company that operates in multiple business segments, including general insurance private; general insurance commercial; general insurance Denmark; general insurance Sweden; general insurance Baltics; and pension. The company provides general, accident, and health insurance products, among others. The vast majority of the company's revenue is generated from its private and commercial segments. The private segment offers a range of products in the Norwegian private market, while the commercial segment provides products to the commercial, agricultural, and municipality markets in Norway. The company considers mergers and acquisitions a component of its operational growth strategy.

Gjensidige Forsikring ASA (Gjensidige Forsikring ASA) Headlines

From GuruFocus

David Einhorn Comments on Gjensidige Forsikring

By Holly LaFon Holly LaFon 10-16-2013