2022: CR 88.9 %, earnings per share NOK 10.2

01 Feb 2023 19:25 CET

Q4:
Protector Forsikring ASA recorded a profit of NOK 613.1m (NOK 238.8m) for the
fourth quarter. The technical result was NOK 109.4m (NOK 101.2m), corresponding
to a combined ratio of 91.6 % (91.6 %). The return on investments was NOK 662.8m
(NOK 237.4m) or 4.6 % (1.7 %).

In Q4, gross written premiums amounted to NOK 1 275.2m, up 62 % (60 % in local
currencies) relative to Q4 2021.

2022:
Protector Forsikring ASA recorded a profit of NOK 809.5m (NOK 1,204.0m) for
2022. The technical result was NOK 599.6m (NOK 594.4m), corresponding to a
combined ratio of 88.9 % (87.3 %). The return on investments was NOK 500.6m (NOK
954.5m) or 3.4 % (6.8 %).

In 2022, gross written premiums ended at NOK 7 097.8m, up 19 % (21 % in local
currencies) relative to 2021.


The Board has declared a special dividend of NOK 494.3m, corresponding to NOK
6.00 per share. For this special dividend, the Board has utilised its
authorisation granted by the Annual General Meeting in 2022. The payment will
take place on 15 February 2022.

The SCR-ratio was 195 % (206 %) year-end, post dividend.


Further details are provided in the attached report and presentation, which
includes definitions of financial key figures.



Oslo, February 1st 2023
Protector Forsikring ASA


This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)

More information:
Access the news on Oslo Bors NewsWeb site

581167_Investor presentation Q4 2022 (PROT).pdf
581167_Interim report Q4 2022 (PROT).pdf