Interim Report (unaudited)
Q2 and H1 2025

Protector Forsikring ASA recorded a profit of NOK 716 m (254 ) for the quarter. The result is driven by a strong insurance service result and a good return on investments. Gross written premiums amounted to NOK 4,218 m, up 19% (16% in local currencies). All segments contribute to the growth, with UK and Sweden as the largest contributors. The insurance service result was NOK 515 m (157 ), corresponding to a combined ratio of 84.9 % (94.5 %). Net income from assets under management was NOK 642 m (271 ) or 2.4 % (1.3 %). Total investment return (including insurance finance expenses) was NOK 468 m (242 ).

In H1 2025, the company recorded a profit of NOK 1,457 m (710 ). For the first half year, gross written premium, came in at NOK 9,489 m up 19% (16% in local currencies). The insurance service result was NOK 973 m (398 ), corresponding to a combined ratio of 85.4 % (92.9 %). Total investment return (including insurance finance expenses) was NOK 1,004 m (614 ) and net income from assets under management was NOK 1,219 m (621 ) or 4.8 % (3.0 %).

At the end of Q2 the SCR-ratio was 220% (191%), 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 165m, corresponding to NOK 2.00 per share.

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