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Protector Forsikring Earnings Release 2013

Jan 23, 2014

3719_iss_2014-01-23_4052a32a-6da4-4347-aee7-60472e884558.html

Earnings Release

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Protector Forsikring ASA, 16 % growth in 2014

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