Apr 26, 2019 / 08:00AM GMT
Sverre Bjerkeli - Protector Forsikring ASA - CEO
(technical difficulty)
In English. A warm welcome to everybody to this investor presentation. As always, I've been through a state of the union speech towards the employees this morning. So in this same room, I'll have the walk through about quarter 1 figures. And I'm happy to share my thoughts with you now.
I would like to start to comment a little bit about 2019 in total. I think it's fair to say that this is a transition year for Protector. As you know, we have a pretty poor 2018 year behind us with this kind of gray silverfish and change of ownership kind of challenges where we lost a lot of money and finally decided to have a walkout from the market, exit from the market, at the same time with a combined ratio sized 98.5% in the commercial sector which is not at all good in 2018.
Entering into 2019, I would call it a transition year. One reason is that we have decided to exit change of ownership. But at the same time, there is a pretty significant volume arriving in 2019 in that particular segment which is twice as big as
Q1 2019 Protector Forsikring ASA Earnings Call Transcript
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot