STB will acquire specific portfolios through a portfolio transfer
Will pay Insr 20-30% of renewed premiums, minimum NOK 70m
Size of portfolios not disclosed, but potential could be up to 1bn
Insurance is ROE accretive for STB, adding scale here is positive
14 Aug 2020
Acquisition of P&C portfolios from Insr
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Acquisition of P&C portfolios from Insr
STB will acquire specific portfolios through a portfolio transfer
Will pay Insr 20-30% of renewed premiums, minimum NOK 70m
Size of portfolios not disclosed, but potential could be up to 1bn
Insurance is ROE accretive for STB, adding scale here is positive