Due to strong volume figures in the first seven months of the year
and the outlook for the rest of the year, the guidance for premium
growth is adjusted from 20% (22% local currency) to 22% (24% local
currency). The premium growth is expected from both UK and the
Nordic countries.
The company's solvency capital (SCR)-ratio was 177% as of 30.06.17.
The SCR-ratio target for the company has been 125%-160%, but due to
the company's growth prospect, the Board decided to increase the
minimum requirement to 150% with no upper limit.
As the Board is of the opinion that the company's core markets
provide good opportunities for strong profitable growth in the
coming years, it believes that the company and the shareholders will
benefit from reinvesting the full earnings in the company during
this growth period.
Consequently, the Board will most likely not propose distribution of
dividend for the fiscal year 2017 to the General Meeting in 2018.