Subject: Re: Protector Forsikring ASA (PROT.OL)
I mentioned it. I wasn't a shareholder until after the second drawdown but will try to look around and comment further. I have a recollection of poor loss ratios in 2020 from what another commentator has mentioned but memory might be false.

The interesting issue for me here is that if they can reproduce their experience in the UK in France, which they have just entered this year, there is the potential for significant earnings growth in the next few years. It will take a while to ramp up and cover their start up costs of course.

Their investment approach is value orientated with around 15% of investments in equities. Long term the returns here have been good.

If I get a chance I will try for more detail at some point.