Protector Forsikring Ord (PSKRF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to the second quarter 2025 presentation of results for Protektor Forsikring. We have started the day as always with the employees in Protektor who are the ones who have delivered the results and we have obviously discussed our targets, profitable growth, and data as currency, the status of where we are and how we understand those targets and results. But we have also talked about our culture and the important thing that we are focusing on is to understand our culture and the statements, our values and our targets in the context of that we have grown as a company. So we are different. We are in different phases, in different countries and in different areas of the business. But also that the world around us is changing. So we need to redefine and re-understand what it means to be credible in the different roles around and invest time in really continuing developing that culture in the company. Because as I said, it is all of those 650 people who have created 84.9% combined ratio in the second quarter and a growth of 16% in local currencies and together with an investment result that has become 8.7 Norwegian kroner per share. um other highlights in the quarter is the rating that we have released previously so so so that is old news but there are some um some effects of it we have previously said that we get access to enough risks and enough volume without an a rating but the upgrade gives us access to some more business and in particular in some of the newer segments that we are looking into in the UK and potentially also in France in addition to that the some of the clients who have not come our way and not had a very strict requirement on rating they don't really have an excuse anymore so but mostly this is about that we get what we think we deserve...