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.