I’ve been looking for an european insurance company for many months now. I was originally looking into companies such as Allianz and Munich Re but settled for a company which has one of the most difficult names in the world to type without any mistakes. On January 21st I bought 70 shares of Gjensidige Forsikring for 123,80 NOK per share. Changing valuation of Norwegian krone played a minor role as well. This is a starter position to which I expect to add on during February.
From https://www.gjensidige.no/group/about-us:
Gjensidige group
We are a leading Nordic general insurance company. We also offer banking-, pension- and savings products in Norway.
Gjensidige has provided insurance services for nearly 200 years.
The Group’s operations are divided into six business areas:
General Insurance Private
General Insurance Commercial
General Insurance Nordic
General Insurance Baltic
Pension and savings
Online retail banking