Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Protector Forsikring Earnings Release 2014

Jan 20, 2015

3719_iss_2015-01-20_0c2f9eec-2202-489e-9eb3-5ca025f348af.html

Earnings Release

Open in viewer

Opens in your device viewer

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