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Norwegian (OSEAX) Insurance Industry Analysis

UpdatedAug 12, 2026
DataAggregated Company Financials
Companies3
  • 7D-1.0%
  • 3M11.9%
  • 1Y7.5%
  • YTD-0.6%

In the last week, Insurance has been flat. The past year has been better, since the industry has gained 8.3% in that time. Earnings are forecast to grow by 9.9% annually.

Industry Valuation and Performance

Has the Norwegian Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 12 Aug 2026NOK 263.8bNOK 170.3bNOK 13.3b19.2x19.8x1.5x
Fri, 10 Jul 2026NOK 256.3bNOK 134.2bNOK 13.2b20.8x19.5x1.9x
Sun, 07 Jun 2026NOK 234.2bNOK 134.2bNOK 13.2b18.1x17.8x1.7x
Tue, 05 May 2026NOK 239.3bNOK 134.2bNOK 13.2b18.6x18.2x1.8x
Thu, 02 Apr 2026NOK 239.6bNOK 120.2bNOK 13.9b14.7x17.2x2x
Sat, 28 Feb 2026NOK 253.1bNOK 120.2bNOK 13.9b16.1x18.2x2.1x
Mon, 26 Jan 2026NOK 249.2bNOK 113.6bNOK 13.2b20.8x18.9x2.2x
Wed, 24 Dec 2025NOK 265.5bNOK 113.6bNOK 13.2b20x20.1x2.3x
Fri, 21 Nov 2025NOK 244.5bNOK 113.7bNOK 13.3b15.9x18.4x2.2x
Sun, 19 Oct 2025NOK 244.7bNOK 105.3bNOK 13.3b15.6x18.4x2.3x
Tue, 16 Sep 2025NOK 249.4bNOK 105.3bNOK 13.3b15.9x18.7x2.4x
Thu, 14 Aug 2025NOK 183.2bNOK 105.3bNOK 13.3b9.4x13.8x1.7x
Sat, 12 Jul 2025NOK 229.4bNOK 90.3bNOK 13.0b15.9x17.7x2.5x
Mon, 09 Jun 2025NOK 219.9bNOK 90.3bNOK 12.9b14.4x17x2.4x
Wed, 07 May 2025NOK 211.7bNOK 137.0bNOK 12.9b13.5x16.5x1.5x
Fri, 04 Apr 2025NOK 205.1bNOK 135.4bNOK 12.1b14.3x16.9x1.5x
Sun, 02 Mar 2025NOK 194.7bNOK 74.6bNOK 12.3b13.3x15.9x2.6x
Tue, 28 Jan 2025NOK 197.2bNOK 142.7bNOK 12.3b12.4x16.1x1.4x
Thu, 26 Dec 2024NOK 176.2bNOK 144.1bNOK 12.0b11.2x14.7x1.2x
Sat, 23 Nov 2024NOK 174.6bNOK 144.1bNOK 12.0b11.2x14.6x1.2x
Mon, 21 Oct 2024NOK 173.3bNOK 128.1bNOK 10.0b13.6x17.3x1.4x
Wed, 18 Sep 2024NOK 166.5bNOK 128.1bNOK 10.0b12.7x16.6x1.3x
Fri, 16 Aug 2024NOK 157.0bNOK 128.1bNOK 10.0b11.8x15.6x1.2x
Sun, 14 Jul 2024NOK 167.0bNOK 126.5bNOK 9.7b12.3x17.2x1.3x
Tue, 11 Jun 2024NOK 163.1bNOK 126.6bNOK 8.3b15.3x19.7x1.3x
Thu, 09 May 2024NOK 160.7bNOK 125.9bNOK 8.6b15.2x18.7x1.3x
Sat, 06 Apr 2024NOK 141.6bNOK 106.1bNOK 8.9b12.5x15.9x1.3x
Mon, 04 Mar 2024NOK 145.1bNOK 121.3bNOK 8.9b12.7x16.3x1.2x
Wed, 31 Jan 2024NOK 143.5bNOK 157.5bNOK 8.0b17.1x18x0.9x
Fri, 29 Dec 2023NOK 146.4bNOK 157.8bNOK 9.3b16x15.8x0.9x
Sun, 26 Nov 2023NOK 149.1bNOK 157.8bNOK 9.3b16.7x16x0.9x
Tue, 24 Oct 2023NOK 131.6bNOK 155.6bNOK 9.4b13.9x14x0.8x
Thu, 21 Sep 2023NOK 135.4bNOK 154.1bNOK 9.5b14.5x14.3x0.9x
Sat, 19 Aug 2023NOK 131.3bNOK 154.1bNOK 9.5b14.2x13.9x0.9x
Price to Earnings Ratio

13.9x


Total Market Cap: NOK 131.3bTotal Earnings: NOK 9.5bTotal Revenue: NOK 154.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Insurance Industry Price to Earnings3Y Average 17.1x202420252026
Current Industry PE
    There are only 3 companies in the Norwegian Insurance industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have grown 12% per year over the last three years.
  • Revenues for these companies have grown 3.4% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Norwegian Financials industry?

NO Market1.92%
Financials-1.05%
Insurance-1.00%
Life and Health Insurance0.69%
Property and Casualty Insurance0%0
General Insurance-1.79%
Industry PE
  • Investors are most optimistic about the General Insurance industry, which is trading close to its 3-year average PE ratio of 19.7x.
    • Analysts are expecting annual earnings growth of 11.4%, which is higher than its past year's earnings decline of 5.5% per year.
  • Investors are most pessimistic about the Life and Health Insurance industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 13.1x.
Forecasted Growth
  • Analysts are most optimistic on the General Insurance industry, expecting annual earnings growth of 11% over the next 5 years.
  • This is better than its past earnings decline of 5.5% per year.
  • In contrast, the Life and Health Insurance industry is expected to see its earnings grow by 6.9% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
STB StorebrandNOK 203.600.7%
+NOK 585.4m		34.0%PE17.6x

Latest News

STB
NOK 203.60
Storebrand
7D
0.7%
1Y
34.0%
GJF
NOK 278.20
Gjensidige Forsikring
7D
-1.7%
1Y
-1.2%
PROT
NOK 479.40
Protector Forsikring
7D
-2.1%
1Y
-3.8%