Insr: Invitation to Q1 presentation / Trading update

Insr Insurance Group ASA (INSR) will publish results for the first quarter of 2020 on www.newsweb.no and www.insr.io on May 14th at 08:30 CET through participative webcast, link: https://channel.royalcast.com/webcast/hegnarmedia/20200514_3/

In the annual report for 2019, Insr informed that the result development in Q1 indicated a solvency level in compliance with all regulatory requirements but lower than at year-end 2019. After Q1, the solvency ratio is 117%. The changes in solvency level are mainly related to balance sheet adjustments and other changes in model assumptions, partly related to the Covid-19 situation. The result for the quarter is NOK -23 mn for continued operations, slightly below expectations. However, the company is seeing continued improvements in the underlying operations and more normal business going forward. 

For additional information, please contact: 
Anne B. Knudtzon 
SVP Business Controlling & Investor Relations 
Phone: +47 926 10 606 
E-mail: anne.b.knudtzon@insr.io 

Partnership insurance made easy. Insr enables you to broaden your customer or member offering through white label and co-branding insurance solutions. We provide insurance risk capital and insurance expertise, whilst you maintain your customer or member relationship. Insr is regulated by the Norwegian FSA (Finanstilsynet) and has a license for all groups of non-life insurance, except for credit and guarantee insurance. 

Insr Insurance Group ASA was established in 2009 and is an independent insurance group listed on the Oslo Stock Exchange, with headquarters in Oslo. The Company's main focus is on the market for property and casualty insurance for the retail and small enterprise segments in Norway. Insr distributes its products mainly through partners and insurance agents.