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Sjóvá Q2 FY26 profit rises to ISK 900 million; combined ratio improves 0.6 percentage point to 91.5%
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Sjóvá Q2 FY26 profit rises to ISK 900 million; combined ratio improves 0.6 percentage point to 91.5%
  • Sjóvá posted Q2 2026 profit of ISK 900 million, up from ISK 60 million a year earlier.
  • Pre-tax profit from insurance contracts rose 7.83% to ISK 744 million, while the combined ratio improved 0.6 percentage points to 91.5%.
  • Pre-tax investment result returned to a gain of ISK 405 million from a loss a year earlier; managed-asset return swung to 1.4% from -1.0%.
  • First-half profit rose to ISK 1.14 billion from a loss a year earlier, with a 91.2% combined ratio versus 91.1%.
  • Kept its 2026 outlook for pre-tax insurance-contract result at ISK 1.8 billion-2.5 billion, targeting a 93%-95% combined ratio; launched a ISK 500 million buyback.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sjóvá-Almennar tryggingar hf. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607161138OMX_____CNEWS_IS_GNW1001213103_is) on July 16, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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