The combined ratio of the Norwegian insurance company Gjensidige gradually declined between 2010 and 2021. Gjensidige Forsikring ASA, better known simply as "Gjensidige", is a Norwegian insurance company headquartered in Oslo. The combined ratio is a measure of profitability, and is the sum of incurred losses and expenses divided by the earned premiums. In 2021, the combined ration of Gjensidige was 80.4 percent - down from 81.3 percent the previous year.
The source provides the following information:
"Defined as an alternative performance measure (APM). APMs are described at www.gjensidige.no/reporting in a document named APMs Gjensidige Forsikring Group 2021."
Data prior to 2017 obtained from previous publications.
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Gjensidige. (February 16, 2022). Combined ratio of Gjensidige from 2010 to 2021 [Graph]. In Statista. Retrieved December 08, 2022, from https://www.statista.com/statistics/1077999/combined-ratio-of-gjensidige/
Gjensidige. "Combined ratio of Gjensidige from 2010 to 2021." Chart. February 16, 2022. Statista. Accessed December 08, 2022. https://www.statista.com/statistics/1077999/combined-ratio-of-gjensidige/
Gjensidige. (2022). Combined ratio of Gjensidige from 2010 to 2021. Statista. Statista Inc.. Accessed: December 08, 2022. https://www.statista.com/statistics/1077999/combined-ratio-of-gjensidige/
Gjensidige. "Combined Ratio of Gjensidige from 2010 to 2021." Statista, Statista Inc., 16 Feb 2022, https://www.statista.com/statistics/1077999/combined-ratio-of-gjensidige/
Gjensidige, Combined ratio of Gjensidige from 2010 to 2021 Statista, https://www.statista.com/statistics/1077999/combined-ratio-of-gjensidige/ (last visited December 08, 2022)