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Insr Insurance Group ASA (INSRI.OL)

INSRI.OL on Oslo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Insr Insurance Group Has Completed Renewal Of Reinsurance Contracts Valid From January 1St, 2019
Tuesday, 8 Jan 2019 

Jan 8 (Reuters) - Insr Insurance Group ASA ::INSR: SUCCESSFUL RENEWAL OF REINSURANCE PROGRAMS FROM 01.01.2019.HAS COMPLETED RENEWAL OF REINSURANCE CONTRACTS VALID FROM JANUARY 1ST, 2019.TERMS OBTAINED WERE SLIGHTLY IMPROVED COMPARED TO LAST YEAR.ABOUT 40% OF TOTAL PREMIUM WILL BE REINSURED THROUGH QUOTA SHARE AGREEMENTS.  Full Article

Insr Insurance Group Q3 Net Result Swings To Loss NOK 14.3 Million
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Insr Insurance Group ASA ::INSR INSURANCE GROUP THIRD QUARTER 2018 RESULTS: PRICING TO BEAT CLAIMS INFLATION.EXPECTS CONTINUED ORGANIC PORTFOLIO GROWTH FOR REST OF 2018.MEDIUM TERM TARGET OF LOW DOUBLE DIGIT GROWTH IS EXPECTED TO BE REACHED ALREADY FOR 2018.TARGETS A GROSS COMBINED RATIO IN MEDIUM TERM OF 90-92%, AND AIMS FOR LOW DOUBLE DIGIT PORTFOLIO GROWTH..WILL OPTIMIZE CAPITAL MANAGEMENT WITH A SUSTAINABLE SOLVENCY MARGIN ABOVE 130% GOING FORWARD.Q3 NET LOSS NOK 14.3 MILLION VERSUS PROFIT NOK 12.0 MILLION YEAR AGO.  Full Article

Insr Contemplating Issuing Tier 1 Capital
Wednesday, 3 Oct 2018 

Insr Insurance Group ASA ::INSR: CONTEMPLATING ISSUING TIER 1 CAPITAL.CONSIDERING ISSUING A NOK 75 MILLION PERPETUAL RESTRICTED TIER 1 BOND WITH FIRST CALL OPTION AFTER FIVE YEARS..FULL AMOUNT IS PRE-COMMITTED AT AN INTEREST RATE OF 3-MONTH NIBOR +3.75%..INSR HAS APPOINTED ABG SUNDAL COLLIER AS MANAGER FOR BOND ISSUE..FULL AMOUNT IS PRE-COMMITTED AT AN INTEREST RATE OF 3-MONTH NIBOR +3.75%..  Full Article

Insr Insurance Group: Øystein Engebretsen Buys 1 Mln Shares In Company
Wednesday, 15 Aug 2018 

Aug 15 (Reuters) - INSR INSURANCE GROUP ASA ::SPOUSE OF INSR'S BOARD MEMBER ØYSTEIN ENGEBRETSEN BOUGHT 1 MILLION SHARES IN CO AT PRICE OF NOK 6.48 PER SHARE.AFTER TRANSACTION, MR. ENGEBRETSEN AND CLOSE RELATIVES HOLD A TOTAL OF 2,968,500 SHARES.  Full Article

Insr Insurance Q2 Gross Premium Written Rises To NOK 340.3 Mln
Tuesday, 14 Aug 2018 

Aug 14 (Reuters) - Insr Insurance Group ASA ::Q2 NET LOSS NOK 17.4 MILLION VERSUS LOSS NOK 14.4 MILLION YEAR AGO.Q2 GROSS PREMIUM WRITTEN NOK 340.3 MILLION VERSUS NOK 176.4 MILLION YEAR AGO.EXPECTS CONTINUED ORGANIC PORTFOLIO GROWTH IN THE REST OF 2018.SAYS MEDIUM TERM TARGET OF LOW DOUBLE DIGIT GROWTH IS WITHIN REACH ALREADY FOR 2018.TARGETS A GROSS COMBINED RATIO IN THE MEDIUM TERM OF 90-92%, AND AIMS FOR LOW DOUBLE DIGIT PORTFOLIO GROWTH.  Full Article

Insr Insurance Group Q1 Pretax Loss Widens To NOK 25.1 Million
Wednesday, 16 May 2018 

May 16 (Reuters) - INSR INSURANCE GROUP ASA ::INSR INSURANCE GROUP FIRST QUARTER 2018 RESULTS: STEP CHANGE IN OPERATIONS.INSR EXPECTS CONTINUED ORGANIC PORTFOLIO GROWTH IN REST OF 2018..TARGETS A GROSS COMBINED RATIO IN MEDIUM TERM OF 90-92% AND AIMS FOR LOW DOUBLE DIGIT PORTFOLIO GROWTH..WILL OPTIMIZE CAPITAL MANAGEMENT WITH A SUSTAINABLE SOLVENCY MARGIN ABOVE 130% GOING FORWARD..Q1 GROSS PREMIUM EARNED NOK 338.9 MILLION VERSUS NOK 163.4 MILLION YEAR AGO.Q1 PRETAX LOSS NOK 25.1 MILLION VERSUS LOSS NOK 19.6 MILLION YEAR AGO.  Full Article

Insr Insurance Group Buys 100 Pct Of Shares In Nemi Forsikring
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Insr Insurance Group Asa ::COMPLETION OF THE NEMI TRANSACTION.‍ACQUISITION OF 100% OF SHARES IN NEMI FORSIKRING AS WAS COMPLETED ON 30 NOVEMBER 2017​.  Full Article