Protector Forsikring

Notice of Dividend Amount • Aug 21, 2017

Updated guiding and revised dividend policy for Protector Forsikring ASA

Updated guiding and revised dividend policy for Protector Forsikring ASA

Due to strong volume figures in the first seven months of the year

and the outlook for the rest of the year, the guidance for premium

growth is adjusted from 20% (22% local currency) to 22% (24% local

currency). The premium growth is expected from both UK and the

Nordic countries.

The company's solvency capital (SCR)-ratio was 177% as of 30.06.17.

The SCR-ratio target for the company has been 125%-160%, but due to

the company's growth prospect, the Board decided to increase the

minimum requirement to 150% with no upper limit.

As the Board is of the opinion that the company's core markets

provide good opportunities for strong profitable growth in the

coming years, it believes that the company and the shareholders will

benefit from reinvesting the full earnings in the company during

this growth period.

Consequently, the Board will most likely not propose distribution of

dividend for the fiscal year 2017 to the General Meeting in 2018.