Gjensidige Forsikring ASA (GB:0OJC) has released an update.
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Gjensidige Forsikring ASA, a leading Nordic insurance group, has been assigned a ‘BBB+’ rating by S&P Global Ratings for its NOK 900 million subordinated bond. The issuance is expected to enhance Gjensidige’s capital base, though a portion may not be included in total adjusted capital due to regulatory thresholds. Investors will be watching the company’s regulatory solvency position closely, as changes could impact the bond’s rating.
For further insights into GB:0OJC stock, check out TipRanks’ Stock Analysis page.
