Q4 2025 Gjensidige Forsikring ASA Pre-Close Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Youdish Chicooree - Bernstein Autonomous LLP - Analyst : Hello. My question is in relation to store [EMI] actually and the loss of EUR400 million you flagged. Firstly, is that [loss]. Does that cover your share of the natural perils posts loss, as well as losses outside the pool? Or is that just [real] Mitra Hagen Negard Yes. It's total natural perils and other claims. LSEG STREETEVENTS | www.lseg.com | Contact Us consent of LSEG. 'LSEG' and the LSEG logo are registered trademarks of LSEG and its affiliated companies.

Question: Youdish Chicooree - Bernstein Autonomous LLP - Analyst : All right. And then secondly, I mean, given the size of the loss, does that in the entire amount gets charged to the corporate center? Or do you charge up to EUR30 million in the segment and then the balance to the corporate center. Mitra Hagen Negard Yes. The latter. As Jonas said, we -- our policy in terms of distributing claims between corporate center and segments, as always, is NOK30 million on the segments and the risk to the corporate center. And the NOK30 million applies across all segments. So when there is one event that hit several segments, it's NOK30 million in total for the segments and the rest to corporate center.