Insr: Successful renewal of reinsurance programs from 01.01.2019

Insr has completed the renewal of the reinsurance contracts valid from January 1st, 2019.

In line with the strategy laid out in 2016, Insr has reduced its reinsurance purchasing further. Approximately 40% of the total premium will be reinsured through quota share agreements. This reinsurance cession was chosen to allow continued premium growth while keeping the solvency ratio above 130%.

The terms obtained were slightly improved compared to last year.

For the non-proportional contracts, such as excess of loss agreements, Insr largely maintained the structure from 2018.

The panel of reinsurers is stable; Insr continues to have a broad panel of financially strong reinsurers.

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

Insr Insurance Group ASA was established in 2009 and is an independent insurance group listed on the Oslo Stock Exchange, with headquarters in Oslo. Insr has a license for all groups of non-life insurance, except for credit and guarantee insurance. The Company's main focus is on the market for property and casualty insurance for the retail and small & medium sized enterprise segments in Norway and Denmark. Insr distributes its products mainly through insurance agents and partners.