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Norwegian (OSEAX) General Insurance Industry Analysis

UpdatedFeb 24, 2026
DataAggregated Company Financials
Companies2
  • 7D1.1%
  • 3M-0.4%
  • 1Y27.1%
  • YTDn/a

Over the last 7 days, the General Insurance industry has dropped 5.3%, driven by pullbacks from every company within the industry. This takes the industry's 12 month performance to a gain of 24%. Earnings are forecast to grow by 7.9% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 24 Feb 2026NOK 176.5bNOK 60.9bNOK 9.1b18.4x19.5x2.9x
Thu, 22 Jan 2026NOK 183.2bNOK 59.5bNOK 8.3b21.6x22x3.1x
Sat, 20 Dec 2025NOK 191.1bNOK 59.5bNOK 8.3b21.9x22.9x3.2x
Mon, 17 Nov 2025NOK 175.6bNOK 59.5bNOK 8.3b19.8x21.1x3x
Wed, 15 Oct 2025NOK 183.3bNOK 57.9bNOK 8.6b20x21.3x3.2x
Fri, 12 Sep 2025NOK 180.3bNOK 57.9bNOK 8.6b19.7x20.9x3.1x
Sun, 10 Aug 2025NOK 181.8bNOK 57.9bNOK 8.6b20x21.1x3.1x
Tue, 08 Jul 2025NOK 165.9bNOK 55.6bNOK 7.3b21.8x22.7x3x
Thu, 05 Jun 2025NOK 162.4bNOK 55.6bNOK 7.3b20.9x22.2x2.9x
Sat, 03 May 2025NOK 155.2bNOK 55.6bNOK 7.3b19.8x21.2x2.8x
Mon, 31 Mar 2025NOK 148.2bNOK 54.0bNOK 6.6b21.1x22.5x2.7x
Wed, 26 Feb 2025NOK 138.8bNOK 53.9bNOK 6.7b19.1x20.7x2.6x
Fri, 24 Jan 2025NOK 130.7bNOK 55.5bNOK 6.9b17.4x19.1x2.4x
Sun, 22 Dec 2024NOK 123.7bNOK 55.5bNOK 6.9b16.2x18x2.2x
Tue, 19 Nov 2024NOK 120.3bNOK 55.5bNOK 6.9b15.8x17.6x2.2x
Thu, 17 Oct 2024NOK 121.1bNOK 53.0bNOK 5.4b20x22.2x2.3x
Sat, 14 Sep 2024NOK 115.1bNOK 53.0bNOK 5.4b18.6x21.1x2.2x
Mon, 12 Aug 2024NOK 108.2bNOK 53.0bNOK 5.4b17.4x19.9x2x
Wed, 10 Jul 2024NOK 119.1bNOK 48.7bNOK 5.1b21.1x23.5x2.4x
Fri, 07 Jun 2024NOK 113.0bNOK 48.7bNOK 5.1b20x22.3x2.3x
Sun, 05 May 2024NOK 107.6bNOK 48.0bNOK 5.4b17.8x19.9x2.2x
Tue, 02 Apr 2024NOK 97.3bNOK 47.5bNOK 5.6b15.9x17.5x2x
Thu, 29 Feb 2024NOK 102.0bNOK 47.5bNOK 5.6b16.3x18.4x2.1x
Sat, 27 Jan 2024NOK 101.3bNOK 45.9bNOK 5.0b18.9x20.1x2.2x
Mon, 25 Dec 2023NOK 104.9bNOK 46.2bNOK 6.4b16.2x16.5x2.3x
Wed, 22 Nov 2023NOK 103.8bNOK 46.2bNOK 6.4b16.5x16.3x2.2x
Fri, 20 Oct 2023NOK 93.1bNOK 44.1bNOK 6.8b12.7x13.8x2.1x
Sun, 17 Sep 2023NOK 96.8bNOK 44.1bNOK 6.8b12.8x14.3x2.2x
Tue, 15 Aug 2023NOK 94.1bNOK 44.1bNOK 6.8b12.8x13.9x2.1x
Thu, 13 Jul 2023NOK 94.9bNOK 43.0bNOK 6.0b13.9x15.7x2.2x
Sat, 10 Jun 2023NOK 103.8bNOK 42.3bNOK 6.0b15x17.3x2.5x
Mon, 08 May 2023NOK 103.8bNOK 42.3bNOK 6.0b14.7x17.3x2.5x
Wed, 05 Apr 2023NOK 97.7bNOK 39.3bNOK 5.4b16.4x18x2.5x
Fri, 03 Mar 2023NOK 104.5bNOK 39.3bNOK 5.4b17.2x19.3x2.7x
Price to Earnings Ratio

19.3x


Total Market Cap: NOK 104.5bTotal Earnings: NOK 5.4bTotal Revenue: NOK 39.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian General Insurance Industry Price to Earnings3Y Average 19.3x202420252026
Current Industry PE
    There are only 2 companies in the Norwegian Multi-line 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 Multi-line Insurance industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 16% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Norwegian General Insurance compare with similar industries?

NO Market2.65%
Financials2.52%
Insurance1.93%
General Insurance1.11%
Life and Health Insurance3.87%
Property and Casualty Insurance0%0
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
PROT Protector ForsikringNOK 508.003.0%
+NOK 1.2b		64.4%PE15.8x
GJF Gjensidige ForsikringNOK 269.400.5%
+NOK 700.0m		18.8%PE21x

Latest News

PROT
NOK 508.00
Protector Forsikring
7D
3.0%
1Y
64.4%

PROT: Future Story Will Center On Margin Strength And Dividend Visibility

Analysts have lifted their price target for Protector Forsikring to NOK600 from NOK578.33, citing updated assumptions around revenue growth, profit margins, a slightly higher discount rate, and a lower expected future P/E multiple. What's in the News Protector Forsikring ASA declared a dividend of NOK 6.00 per share, with the last day including rights on 2 February 2026 (Key Developments).
GJF
NOK 269.40
Gjensidige Forsikring
7D
0.5%
1Y
18.8%

GJF: Rebased Earnings Assumptions And Special Dividend Will Shape Future Returns

Narrative Update on Gjensidige Forsikring Analysts have trimmed their price target on Gjensidige Forsikring by NOK 10, reflecting updated views on future P/E assumptions, profit margins and growth after recent research moves, including a target cut and a downgrade. Analyst Commentary Recent research suggests that analysts are reassessing their assumptions on valuation and earnings power for Gjensidige Forsikring, which is feeding through to trimmed price targets and at least one downgrade.