Protector Forsikring Ord (PSKRF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

All right, welcome to the presentation of Protectors full year 25 results. We will focus on the full year, a quarter is volatile, we say that all the time, focus on the full year result that is more interesting and says more about the underlying realities of the business. And before I go into the results, I always spend a little bit of time on who we are. And what we did this morning was to continue on looking at what the challenger should be in the future. And one thing that we care about is that we even when we are 700 people, even when we grow in a number of countries, that we still act as one team, which is a bit contradictory to a performance culture where we compete against each other and also that we want local decisions and also that we want each individual in the company to make decisions because they are where it happens and they should know what decisions to make so so that's what the challenger is it is about making everything we do focused and simplistic but when it comes to culture we need to complicate it in order to spend time and really understand so that we're on the same platform and the same grounds for the future because i think that's extremely important in order to stay who we are the challenger And then to the highlights, other than that 84.7% combined ratio and a 14% growth with an investment result of a return of 1.5 billion Norwegian kroner, leading to 31.7%. kroners per share in earnings. We have had some other activities in the quarter, one being the placement of a tier one bond where the market was good, so with good terms on that. Maybe the biggest, other than the growth for 1st of January, which I come back to, news is that we have now been relieved of the maybe biggest mistake that we've made in in protected workers compensation in in...