March 26, 2020 / 11:15 AM / 12 days ago

BRIEF-Gjensidige Postpones Annual General Meeting

March 26 (Reuters) - Gjensidige Forsikring ASA:

* GJF: ANNUAL GENERAL MEETING 2020 IS POSTPONED

* GJENSIDIGE FORSIKRING ASA - BOARD OF GJENSIDIGE FORSIKRING ASA HAS RESOLVED TO POSTPONE ANNUAL GENERAL MEETING (AGM) INITIALLY SCHEDULED FOR 26 MARCH 2020

* THERE IS NO CHANGE TO BOARD’S ASSESSMENT OF FINANCIAL PREREQUISITES FOR PROPOSAL OF REGULAR DIVIDEND OF NOK 7.25 PER SHARE.

* GROUP HAS A SOLID CAPITAL POSITION TO MEET UNCERTAINTY FOLLOWING COVID-19 OUTBREAK, AND IMPACT ON UNDERWRITING RESULT IS EXPECTED TO BE LIMITED AND MANAGEABLE.

* ONGOING SITUATION IN WAKE OF COVID-19 OUTBREAK HAS TO DATE HAD A LIMITED IMPACT ON GJENSIDIGE’S EMPLOYEES AND BUSINESS Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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