Best year ever - 26% growth and CR 86,2%

- Gross premiums written in 2012 totalled NOK 1.517m,
representing 26% growth compared to 2011. In Q4,
gross premiums written rose by NOK 18.9m, or 10%
compared to Q4 2011.

- The combined ratio net was in 2012 86.2%, compared
with 85.3% in 2011. In Q4, the combined ratio net was
101.3% up from 86.9% the year-earlier period.

- The investment return was in 2012 8.9% (NOK 246m)
against -2.3% (NOK -51m) in 2011. In Q4, the return
was 2.0% (NOK 61m) against 2.2 % (NOK 48m) in Q4 2011.

- The operating result in 2012 was NOK 393.5m, up
from NOK 82.9m in 2011. In Q4, the operating result
was NOK 56.7m against NOK 78.9m in Q4 2011.


Based on the company's dividend policy, strong
results for the full year 2012 and strong financial
position, the Board considers recommending a dividend
of NOK 1.20 per share for 2012.

For further information, please see the attached
report and presentation.

Oslo, 28 February 2013
Protector Forsikring ASA

This information is subject of the disclosure
requirements acc. to §5-12 vphl (Norwegian Securities
Trading Act)