Earnings Release • Jan 23, 2014
Earnings Release
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Protector Forsikring ASA, 16 % growth in 2014
January 1st renewal date is significant for Protector
and therefore we'll give a volume statement to the
market.
The company has a strong growth in January and
expects in 2014 a total premium growth for the entire
business of 16 %. The strongest growth is in
Sweden/Denmark. In Norway, we expect a moderate
growth within the commercial and public lines of
business. Within change of ownership insurance zero
growth is expected.
The company experienced also a strong premium growth
in Q4 2013. Gross premiums written amounted to
NOK 238 million, up 20 % compared with Q4 2012. GWP
in 2013 was NOK 1.861 million, up 23 % compared to
Further and more detailed guiding for 2014 will be
given 26 February together with the preliminary
annual result figures for 2013.
Oslo, 23 January 2014
Protector Forsikring ASA
Contact:
Sverre Bjerkeli (CEO), phone: +47 928 38 072,
Ditlev de Vibe Vanay (CFO), phone: +47 934 80 393
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