Brief: Protector Forsikring Updates On Volume Growth

Protector Forsikring ASA

21/01/2021 07:08

Jan 21 (Reuters) - Protector Forsikring ASA  PROTCT.OL :
    * UPDATE ON VOLUME GROWTH
    * Q4 2020; VOLUME GROWTH OF 33% (30% IN LOCAL CURRENCIES)
    * Q4 OF 2020, WHICH IS A RATHER SMALL ONE, RESULTED IN A
PREMIUM
GROWTH RELATIVE TO LAST YEAR AT 33% (30% IN LOCAL CURRENCIES).
    * UNUSUALLY HIGH CLIENT CHURN WHICH WE HAVE ENCOUNTERED IN
2020,
HAS COME DOWN TO NORMAL LEVELS THROUGHOUT Q4
    * PREMIUM GROWTH IS SUPPORTED BY GOOD NEW SALES AND NORDIC
PRICE
INCREASES
    * EXPECT A PREMIUM GROWTH IN 2021 AT ABOUT 10% IN LOCAL
CURRENCIES.

Source text for Eikon:  ID:nObiW2l51a 
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