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OSLO, Feb 5 (Reuters) - Norway’s biggest insurer Gjensidige said it would next year double the money it puts aside to 200 million crowns ($31.80 million) to pay claims due to bad weather as it reported quarterly results that beat expectations on Wednesday.
The firm’s pre-tax profit fell to 1.28 billion crowns ($203.50 million) against 1.4 billion crowns at the same time a year earlier, but beating expectations for 1.23 billion crowns in a Reuters poll of analysts.
Gjensidige also proposed a dividend of 12.8 crowns per share for 2013.
$1 = 6.2899 Norwegian kroner Reporting by Gwladys Fouche, editing by Terje Solsvik