Q1 2014 shows following development compared to Q1
2013:
- Gross premiums written NOK 1 208,6m, up 34% from
NOK 904m
- Net combined ratio 79,9%, up from 77,4%
- Operating profit of NOK 162,4m, up from NOK 143m
- Return on investments NOK 83,8 (1.9%), up from
NOK 77,9m (2.2%)
The overall expectations to 2014 are an operating
profit of NOK 430m up from previously guided NOK
330m, a 20% growth (up from 16%) in GWP and a net
combined ratio of 88% (down from 90%).
For further information, please see the attached
report and presentation.
Oslo, 9 May 2014
Protector Forsikring ASA
This information is subject of the disclosure
requirements acc. to ยง5-12 vphl (Norwegian Securities
Trading Act).