Protector Forsikring Asa · OSL:PROT
Protector Forsikring Asa — SEB mid-quarter update (2024)
7 slides from Protector Forsikring Asa's conference presentation, 2024
Slide 1: Protector Forsikring ASA – SEB mid-quarter update
Protector Forsikring ASA SEB – mid-quarter update
Slide 2: A Focussed Company
A Focussed Company Cost and quality leadership lead to profitable growth and a top 3 position Our Performance culture Our Strategy Our Risk Appetite • All Property and Casualty products Competence • Market standard products (Incl. Data) • Market segments – public sector, commercial and affinity Brok
Slide 3: Growing organically from 0 to NOK 10bn since 2004
Growing organically from 0 to NOK 10bn since 2004 Operations in Norway, Sweden, Denmark, Finland, the UK and soon France Protector , The company The company Forsikring was gets listed on reaches 1 Expansion to Expansion to Expansion to , Expansion to established as Oslo Stock bnNOK in Sweden Denmark
Slide 4: Copying the winning formula
Copying the winning formula Local implementation of our DNA for global growth Focused approach until critical mass is reached: • Public Sector including Housing Canada • Commercial Motor USA 2015 Criteria for prioritizing markets are: • Market size • Data availability 2019 • Broking dynamics 20xx 20
Slide 5: Profitability over time
Profitability over time Premium increases and portfolio de-risking since 2019 Development in (net) combined ratio(1) Significant Nordic price increase, stronger underwriting NGAAP discipline in some markets and segments, margin IFRS management, capital allocation and exit from COI market in Norway d
Slide 6: Protector's success story
Protector’s success story 20 year of disciplined risk and capital management A focussed company over 20 years ROE ≥ a guiding principle for all • Organic profitable growth from 0 to over NOK 10bn • Organic profitable growth by copying a winning formula in new Return on Equity markets • Future growth
Slide 7: PROTECTOR insurance
PROTECTOR insurance