Q3 2024: CR 83.2%, earnings per share NOK 7.1

23 Oct 2024 19:08 CEST

Protector Forsikring ASA’s summarised results for Q3 2024 (Q3 2023) are:

• Combined ratio 83.2% (91.6)
• Gross written premium growth at 15% (35) in local currencies
• Total investment return including insurance finance NOK 299m (-44)
• Profit for the quarter NOK 581m* (-11)
• Earnings per share NOK 7.1 (-0.1)
• Solvency ratio 194% (187)


In the first three quarters of the year, the company recorded a profit of NOK
1,291m (833). Combined ratio was 89.5% (89.3). The total return on investments
including insurance finance was NOK 913m (440).


The company’s financial position is strong, and the dividend capacity is good.
The Board has decided not to pay out dividends this quarter, mainly due to
increased probability of growth in France.



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



Oslo, 23 October 2024
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

630231_Interim Report Q3-2024.pdf
630231_Investor presentation Q3 2024 (PROT).pdf