Q2 2021 Protector Forsikring ASA Earnings Presentation Transcript

Jul 09, 2021 / 08:00AM GMT
Presentation
Jul 09, 2021 / 08:00AM GMT

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Corporate Participants
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* Amund Skoglund
Protector Forsikring ASA - Executive Assistant & IR
* Henrik Wold-Golfetto Hoye
Protector Forsikring ASA - Director of UK & Public Sector

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Henrik Wold-Golfetto Hoye - Protector Forsikring ASA - Director of UK & Public Sector

Good morning, at least, in Europe, to Protector's Quarter 2 Result Presentation. It is my first result presentation and I am fortunate enough that the team has delivered strong results for me the first time.

So to get to the numbers. Let's start at the highlights. In the quarter, our combined ratio is strong, 83.9%, I'll get back to the composition of that. The growth is 22% in local currency and 11% in Norwegian kroner. So the Norwegian kroner has strengthened compared to the other currencies in the quarter. Our investment result is at 1%, so a good quarter. And all of that has increased our capital but our capital requirement has also

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