Gjensidige on track for worst day in 1 yr after earnings miss
** Shares in Gjensidige Forsikring GJFG.OL fall around 7% to one-month low after the Norwegian insurer Q2 earningsmissed expectations
** Insurance Service Result of NOK 1.43 billion ($132.6 million) was 19% below company-compiled consensus and profit after tax was about 10% below
** Jefferies says the "material" miss is not surprising, after peers Tryg TRYG.CO and Storebrand STB.OL reported continued inflationary pressure last week
** If losses hold, Gjensidige's stock will see its worst day in a year, it is among worst performers on the Europe-wide STOXX 600 .STOXX index
($1 = 10.7831 Norwegian crowns)
Reporting by Anna Chaberska
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