Protector Forsikring ASA Reports Gross Written Premiums Results for the Fourth Quarter and Year of 2016; Provides Gross Written Premiums Guidance for the Full Year of 2017
For the year, the company's gross written premiums were NOK 3,439 million, an increase of 21% compared with 2015.
For the year 2017, the company expects total premium growth for the entire business in 2017 is 16% (18% in local currency). Expects net growth is NOK 100 million (5%) in first quarter, NOK 200 million (28%) in second quarter, NOK 150 million (36%) in third quarter and NOK 100 million (25%) in fourth quarter.