Protector Forsikring Reports Revenue Results for the Fourth Quarter and Full Year of 2011; Provides Revenue Guidance for the Year 2012, 2013 and 2014
January 25, 2012 at 05:43 pm
Protector Forsikring ASA reported revenue results for the fourth quarter and full year of 2011. The company experienced also a strong premium growth in the fourth quarter of 2011. Gross premiums written amounted to NOK 179 million, up 10% compared with the fourth quarter of 2010.
Gross premiums written in 2011 was NOK 1.202 million, up 19 % compared to 2010.
The company provided revenue guidance for the year 2012, 2013 and 2014. In 2012 the company expects a total premium growth of 18 %.
Due to the strong start in Sweden and Denmark, the company expects strong growth also in 2013 and 2014.