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BRIEF-Insr Insurance group Q1 loss from operation narrows to NOK 21.6 mln
May 10, 2017 / 6:30 AM / 6 months ago

BRIEF-Insr Insurance group Q1 loss from operation narrows to NOK 21.6 mln

May 10 (Reuters) - VARDIA INSURANCE GROUP ASA:

* Q1 PREMIUMS EARNED FOR OWN ACCOUNT WAS NOK 37.0 MILLION (NOK 51.2 MILLION)

* Q1 LOSS FROM OPERATIONS WAS NOK 21.6 MILLION (LOSS OF NOK 53.0 MILLION), NEGATIVELY IMPACTED BY NON-RECURRING EXPENSES OF NOK 6.5 MILLION

* FORECASTS SOLVENCY RATIO TO STAY ABOVE 200% THROUGH 2017. Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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