Gjensidige Forsikring ASA

Gjensidige Forsikring Capital Markets Day 2018: Excel today - Empower for tomorrow

Gjensidige Forsikring hosts its Capital Markets Day today in London.

Presentations will be held by Helge Leiro Baastad, Chief Executive Officer of

Gjensidige, and key members of the Group management team. The event will start

at 13:00 pm GMT at etc. venues St Paul's, 200 Aldersgate, London.

Gjensidige's management will provide a detailed review of operational and

strategic priorities for improved performance. They will outline key

initiatives within digitalisation, business intelligence and analytics, as well

as other cost efficiency measures. The Group's ambitious operational targets,

which will support delivery on the financial targets for 2019-2022, will be

announced.

"We are firmly committed to continue delivering superior customer experiences

and attractive shareholder returns. And we are convinced that sustainability is

a key contributor to long-term value creation", says CEO Helge Leiro Baastad.

"We need to excel in today's operations, and at the same time empower for

tomorrow. Our priorities are to get profitability back on track and retain our

strong and unique position in Norway. Further we will continue to strengthen our

profitability and growth outside Norway. We are also committed to maintaining a

strict capital discipline and continue delivering high and stable dividends to

our shareholders. I am confident that with our leading position, strong

competence and clear strategy, we will be able to deliver on our ambitious

targets", Baastad says.

The presentations are available online as a live webcast from 13:00 pm GMT and

can be followed through www.gjensidige.no/group/investor-relations. It is

possible to send questions to the management during the live webcast. The

programme of the Capital Markets Day and presentation materials are available on

Gjensidige's website at www.gjensidige.no/group/investor-relations/capital

-markets-day-2018, and are attached to this release.

Contact persons, Gjensidige Forsikring ASA:

Head of Investor Relations, Mitra Hagen Negård, Tel: +47 957 93 631

Head of Communication, Øystein Thoresen, Tel: +47 952 33 382

This information is subject of the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

Gjensidige is a leading Nordic insurance group listed on the Oslo Stock

Exchange. We have about 3,800 employees and offer insurance products in Norway,

Denmark, Sweden and the Baltic states. In Norway, we also offer banking, pension

and savings. Operating income was NOK 27 billion in 2017, while total assets

were NOK 149 billion.

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