Interim Report (unaudited)
Q1 2025

Protector Forsikring ASA recorded a profit of NOK 740 m (456 ) for the quarter. The result is driven by a strong insurance service result and a good return on investments.

The insurance service result was NOK 458 m (240 ), corresponding to a combined ratio of 85.9 % (91.2 %).

Net income from assets under management was NOK 577 m (350 ) or 2.3 % (1.7 %). Total investment return (including insurance finance expenses) was NOK 536 m (372 ).

Gross written premiums amounted to NOK 5,271 m, up 19% (17% in local currencies). All segments contribute to the growth, with France and Norway as the largest contributors.

At the end of Q1 the SCR-ratio was 222% (196%), post dividends.

The Board has utilized its authorisation granted by the Annual General Meeting 10 April 2025 and has decided to distribute a dividend of NOK 247m, corresponding to NOK 3.00 per share.

^{Amounts in NOKm, except earnings per share which is in NOK. Comparable figures from corresponding period last year in parentheses.}