Brief: Protector Forsikring - CR 92.1% And Strong Return On Investments

Protector Forsikring ASA

10/07/2020 06:02

July 10 (Reuters) - Protector Forsikring ASA  PROTCT.OL :
    * CR 92.1% AND STRONG RETURN ON INVESTMENTS
    * PROTECTOR FORSIKRING ASA - PROFIT FOR QUARTER WAS NOK 580.4M AGAINST NOK -125.7M IN Q2
2019.
    * PROTECTOR FORSIKRING ASA - RESULT IS DRIVEN BY A GOOD TECHNICAL RESULT AND A STRONG RETURN
ON
INVESTMENTS.
    * PROTECTOR FORSIKRING ASA - NET COMBINED RATIO WAS 92.1%, A STRONG IMPROVEMENT FROM Q2
2019.
    * PROTECTOR FORSIKRING ASA - IN Q2, GROSS WRITTEN PREMIUMS INCREASED BY 3% IN LOCAL
CURRENCIES AND
16% IN NOK DRIVEN BY A STRONG GROWTH IN UK.
    * PROTECTOR FORSIKRING ASA - RETURN ON INVESTMENTS TOTALLED NOK 638.8M, OR 5.2% COMPARED TO
A
NEGATIVE RETURN OF NOK -69.3M OR -0.6% IN Q2 2019.

Source text for Eikon:  ID:nObiJFBpWa 
Further company coverage:  PROTCT.OL 

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