Protector Forsikring

Earnings Release • Jan 28, 2014

Protector Forsikring ASA, operating result 2013 13% stronger than guided

Protector Forsikring ASA, operating result 2013 13% stronger than guided

When publishing the Q3-results, the company's

guidance for the full year 2013 (notification to Oslo

Stock Exchange 31 October 2013) was 22% growth in

gross written premiums, a combined ratio of 88% and

an operating result of NOK 380 million.

Preliminary figures for 2013 shows gross written

premiums of NOK 1.861 mill (23% growth), a combined

ratio of 86,7% (86,2% in 2012) and an operating

result of NOK 430 mill (NOK 394 mill in 2012).

The company's preliminary profit for 2013 (profit

after changes in security provisions, tax and

components of comprehensive income) was NOK 293 mill,

up from NOK 208 mill in 2012.

As earlier announced, Protector Forsikring ASA will

publish its financial statements for the fourth

quarter 2013 on 26 February 2014.

Oslo, 28 January 2014

Protector Forsikring ASA

Contact:

Sverre Bjerkeli (CEO), phone: +47 928 38 072,

Ditlev de Vibe Vanay (CFO), phone: +47 934 80 393