Protector Forsikring ASA ( (PSKRF) ) has released its Q2 earnings. Here is a breakdown of the information Protector Forsikring ASA presented to its investors.
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Protector Forsikring ASA is a Norwegian insurance company specializing in property and casualty insurance, with a strong presence in the Nordic and UK markets.
In its latest earnings report for Q2 and H1 2025, Protector Forsikring ASA reported significant growth in profits and premiums, driven by robust performance in its insurance services and investment returns. The company recorded a profit of NOK 716 million for Q2 and NOK 1,457 million for H1 2025, reflecting a strong insurance service result and favorable investment outcomes.
Key financial highlights include a 19% increase in gross written premiums for both Q2 and H1 2025, with significant contributions from the UK and Sweden. The combined ratio improved to 84.9% for Q2 and 85.4% for H1 2025, indicating enhanced operational efficiency. Investment activities yielded a positive return, with equities and fixed income portfolios contributing to the gains.
Looking ahead, Protector Forsikring ASA remains optimistic about maintaining its profitability through disciplined underwriting and strategic investments. The company acknowledges the risks posed by claims development and market volatility but is confident in its ability to navigate these challenges effectively.