Brief: Protector Forsikring Says Settled Terms With Parties After Losing Grenfell Arbitration

Protector Forsikring ASA

08/08/2019 01:49

Aug 7 (Reuters) - Protector Forsikring ASA  PROTCT.OL :
    * PROTECTOR FORSIKRING- AFTER LOSING ARBITRATION DISPUTE
OVER
GRENFELL TOWER, CO PROTECTOR HAS CONCLUDED SETTLEMENT TERMS WITH
OTHER INVOLVED PARTIES
    * PROTECTOR FORSIKRING- UNDER SETTLEMENT TERMS WITH OTHER
INVOLVED
PARTIES, CO WILL RECOVER 85 % OF DISPUTED AMOUNT, CORRESPONDING
TO APPROXIMATELY 60 MILLION NOK
    * THE SETTLEMENT AMOUNT WILL BE PAID TO PROTECTOR AND BOOKED
IN Q3

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

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