Reinsurance News
Protector
DARAG signs PTA with Protector for Danish workers’ comp portfolio
4th April 2025
Legacy acquirer DARAG Group has announced that its German insurance carrier, DARAG Deutschland AG, has entered into a portfolio transfer agreement (PTA) with Protector Forsikring ASA for its entire Danish workers’ compensation portfolio, enabling Protector to fully exit this line of business. The transaction, subject to regulatory approval in Norway and ... Read the full article
Arbitration panel sides with Munich Re in Grenfell Tower reinsurance dispute
9th July 2019
Global reinsurer Munich Re has won a dispute against Norwegian insurer Protector Forsikring which relates to reinsurance contracts that cover the financial property loss following the Grenfell Tower fire in 2017. In an Oslo Stock Exchange Filing, Protector states that its second-quarter 2019 results will include a £6.9 million loss following ... Read the full article
Protector estimates £50mn Grenfell Tower loss, reinsurers to pay bulk
7th July 2017
Protector Forsikring ASA of Norway, the insurer of the Grenfell Tower block in London’s Royal Borough of Kensington and Chelsea, has estimated that the tragic fire that occurred at the apartment block will cost an estimated £50 million (US$64.4mn), with the majority being assumed by the reinsurance industry. According to Protector's Q2 2017 ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
