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Protector Forsikring — Earnings Release 2014
Jan 20, 2015
3719_iss_2015-01-20_0c2f9eec-2202-489e-9eb3-5ca025f348af.html
Earnings Release
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Protector Forsikring ASA, 18 % growth in 2015
Protector Forsikring ASA, 18 % growth in 2015
The January 1st renewal date is significant for
Protector Forsikring, therefore we issue a volume
statement to the market.
The Company experiences strong growth in January and
expects Gross Written Premiums to increase 18% (15%
measured in local currencies) over full year 2015.
Norwegian business areas will contribute single-
digit growth, while Sweden/Denmark will grow
approximately 50 % in aggregate. Gross and net
written premiums are expected to experience
identical growth rates.
The Company experienced also a strong premium
growth in Q4 2014. Gross premiums written amounted
to NOK 282 million, up 19% compared with Q4 2013.
Net GWP in the same period was NOK 250, up 24%
compared to Q4 2013.
Gross written premiums in 2014 were NOK 2.375
million, up 28% compared to 2013. Net GWP in the
same period was 1.864 million, up 30% compared to
Further and more detailed guiding will be given on
February 12th together with the preliminary annual
result figures for 2014.
Oslo, 20 January 2015
Protector Forsikring ASA
Contact:
Sverre Bjerkeli (CEO), Phone: +47 928 38 072,
Bjørn Johan Bye (Økonomisjef), Phone +47 924 56 923