2013 result: Best year ever

-Gross premiums written in 2013 totalled NOK 1.861m,
representing 23% growth compared to 2012. In Q4,
gross premiums written rose by NOK 39,5m, or 20%
compared to Q4 2012.

- The net combined ratio was in 2013 86.7%, compared
with 86.2% in 2012. In Q4, the net combined ratio was
93.0% down from 101.3% the year-earlier period.

- The investment return was in 2013 NOK 256.7m or
7.0% against NOK 245,6m or 8.9% in 2012. In Q4, the
return was NOK 83.9m or 2.2% against NOK 61.2m or
2.0 % in Q4 2012.

- The operating result in 2013 was NOK 430.3, up from
NOK 393.7m in 2012. In Q4, the operating result was
NOK 106.6m against NOK 56.9m in Q4 2012.


Based on the company's dividend policy, strong
results for the full year 2013 and strong financial
position, the Board considers recommending a dividend
of NOK 1.75 per share for 2013.


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



Oslo, 26 February 2014
Protector Forsikring ASA


This information is subject of the disclosure
requirements acc. to ยง5-12 vphl (Norwegian Securities
Trading Act)