Jefferies cuts Gjensidige on Nordic winter weather losses

Jefferies has lowered its price target for Gjensidige by more than 5 percent on the back of expectations that the Nordic insurer will post a higher-than-expected combined ratio as a result of larger winter weather losses in the first quarter.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@thomsonreuters.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com