Brief: Protector Forsikring ASA Says Due To Uncertain Geopolitical Situation And Volatile Financial Markets Board Has Decided Not To Pay Out Dividends This Quarter

Protector Forsikring ASA

07/07/2022 16:43

July 7 (Reuters) - Protector Forsikring ASA  PROT.OL :
    * Q2 NET COMBINED RATIO 82.5 % (83.9 %)
    * BOARD HAS DECIDED NOT TO PAY OUT DIVIDENDS THIS QUARTER
    * Q2 PROFIT FOR QUARTER NOK 65.8M (NOK 267.3)
    * IN FIRST HALF YEAR, COMPANY RECORDED A PROFIT OF NOK
21.1M,
AGAINST NOK 840.1M IN H1 2021
    * Q2 NET RETURN ON INVESTMENTS NOK -175.2M (NOK 143.5M), OR
-1.2 %
(1.0 %)
    * PROTECTOR FORSIKRING - DUE TO UNCERTAIN GEOPOLITICAL
SITUATION
AND VOLATILE FINANCIAL MARKETS BOARD HAS DECIDED NOT TO PAY OUT
DIVIDENDS THIS QUARTER
    * RETURN ON INVESTMENTS FOR H1 2022 WAS NOK -185.1M OR -1.2
%,
AGAINST 724.1M OR 5.1 % IN H1 2021

Source text for Eikon:  ID:nObighdWpa 
Further company coverage:  PROT.OL 

 ((Reuters.Briefs@thomsonreuters.com;))