Interim Report FY & Q4 2023
Highlights Q4 and FY 2023
CR 88.5 %, earnings per share NOK 18.3
Highlights 2023: Protector Forsikring ASA recorded a profit of NOK 1509.3m (1 379.0) for 2023.The insurance service result was NOK 1 079.9m (700.8), corresponding to a combined ratio of 88.5% (89.4).
The total return on investments including insurance finance was 944.2m (1 084). The return on investments excluding insurance finance was 7.9% (3.4).
In 2023, gross written premiums ended at NOK 10 423m, up 47% (37 % in local currencies) relative to 2022.
Highlights Q4 2023: Protector Forsikring ASA recorded a profit of NOK 675.8m (613.2) for the fourth quarter. The insurance service result was NOK 361.1m (166.7), corresponding to a combined ratio of 86.4% (90.6).
The total return on investments including insurance finance was 504.3m (546.1). The return on investments excluding insurance finance was 5.1% (4.6). In Q4, gross written premiums amounted to NOK 2 060m, up 62% (48% in local currencies) relative to Q4 2022.
The Board has, in accordance with the mandate received from the Annual General Meeting in 2023, decided to distribute a special dividend of NOK 412.2m, corresponding to NOK 5.00 per share.
The SCR-ratio was 195% (195) year-end, post dividend.
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