Protector Forsikring ASA/Nkr PROT

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About Protector Forsikring ASA

Protector Forsikring ASA is a Norwegian insurance company that primarily operates within the non-life insurance sector. The company offers a range of products, including property and casualty insurance for the commercial and public sectors, as well as personal insurance products through brokers and agents. Established in 2003, Protector Forsikring is headquartered in Oslo, Norway. Its operations extend beyond Norway, with a presence in Sweden, Denmark, the UK, and Finland. The company distinguishes itself through a cost-effective business model and a focus on delivering competitive premiums and strong claims handling capabilities.
Ticker
Nkr PROT
Sector
Finance
Primary listing
XOSL
Employees
705
Headquarters
Oslo, Norway

PROT Metrics

BasicAdvanced
kr 37B
18.29
kr 24.71
0.36
kr 20.00
4.43%

Bulls say / Bears say

Protector’s Q2 2026 combined ratio improved to 81.5%, a 340 basis point reduction from 84.9% in Q2 2025, reflecting enhanced underwriting discipline and favorable claims outcomes. (Reuters)
Gross written premiums in Q2 2026 grew 6% in local currencies — led by Sweden at 17%, Denmark at 8%, Norway at 6%, the UK at 3%, and France at 133% — underscoring the company’s diversified geographic footprint and pricing power. (Reuters)
Protector maintained an A- (Excellent) financial strength rating with a stable outlook from AM Best and reported a Solvency II ratio of 221%, highlighting robust capital adequacy. (Reuters)
Gross written premiums fell 2% in Norwegian kroner terms in Q2 2026, exposing the company to currency headwinds and FX volatility risks. (Reuters)
First-half 2026 profit declined to NOK 920 million from NOK 1,473 million in H1 2025, reflecting softer investment returns amid challenging market conditions. (Reuters)
Softening market conditions in the UK and Sweden led to an 88% renewal rate in Q2 2026 as Protector ceded unprofitable clients, posing potential top-line growth headwinds. (Company Earnings Call Transcript)
Data summarised monthly by Lightyear AI. Last updated on 31 Aug 2026.

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