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