Insr: Third quarter 2021 results – Entered into Portfolio Agreements in August and on track to return insurance license
Oslo, November 17th, 2021 Insr Insurance Group ASA (OSE: INSR) announces results for third quarter 2021. A presentation of the result will take place today at 08:30 CET - see details below. As presented in the Q2 report, on the 14th of August 2021, Insr signed two agreements with DARAG Deutschland AG. The first agreement, the LPT (Loss portfolio transfer) makes DARAG the reinsurer of all insurance risk in Insr from the 1st of April 2021. The second agreement, the PTA (Portfolio Transfer agreement), describes the transfer of all remaining risk related to the insurance business