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Sjóvá nine-month profit more than doubles to ISK 1.91 billion
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Sjóvá nine-month profit more than doubles to ISK 1.91 billion
  • Sjóvá’s third-quarter 2026 profit fell 33% year over year to ISK 767 million.
  • Profit for the first nine months more than doubled year over year to ISK 1.91 billion.
  • Third-quarter pretax investment profit dropped 51% to ISK 472 million, while the combined ratio rose to 89.9%.
  • Household motor insurance price increases will be capped at 2.5% through the end of 2027.
  • The insurer raised its 2026 insurance earnings outlook to ISK 2.7–2.9 billion, targeting a combined ratio of about 92%.


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 on October 22, 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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