Dividend policy

The Board of Directors has adopted a dividend policy that will establish the basis for dividend proposals to the General Meeting. Gjensidige’s dividend policy shall be competitive with comparable investments.

In determining the size of the annual dividend, the Group’s need for capital, including the capital adequacy requirements and the Group’s goals and strategic plans, shall be taken into account. Unless otherwise indicated by the need for capital, the Board of Directors’ target is to distribute 50 to 80 per cent of the profit after tax for the year as dividend.