Subject: Re: Protector Forsikring ASA (PROT.OL)
I am not sure if anyone was interested in this but just in case.
q1 results announced today after the market closed.
Combined ratio 85.9% (91.2)
• Gross written premium growth 19% (12), 17% (9) in local currencies
• Total investment return including insurance finance NOK 536m (372)
• Profit for the period NOK 740m (456)
• Earnings per share NOK 9.0 (5.5)
• Solvency ratio 222% (196), post dividend
Premium growth in all countries but with France being a new area the growth is enhanced for that reason.
deucetoace