Page 1

Solid Försäkring Interim Report Jan - Sep Solid Försäkring Interim report January - September 2021 July - September 2021 * • Gross written premiums increased 7 per cent to KSEK 272,151 ( 254,062 ) • Premiums earned , net of reinsurance increased 9 per cent to KSEK 246,065 ( 225,088 ) • Technical result increased 6 per cent to KSEK 28,212 ( 26,722 ) Technical result excl . non - recurring costs related to the ongoing separate listing process increased 13 per cent The combined ratio was 89.1 per cent ( 88.8 ) • Result of asset management declined to KSEK 2,965 ( 19,128 ) • Profit after tax declined to KSEK 25,049 ( 34,748 ) • Basic and diluted earnings per share declined 28 per cent to SEK 1.25 per share ( 1.74 ) January - September 2021 * • Gross written premiums increased 4 per cent to KSEK 732,409 ( 703,778 ) • Premiums earned , net of reinsurance increased 6 per cent to KSEK 722,805 ( 681,101 ) • Technical result increased 7 per cent to KSEK 86,505 ( 81,206 ) Technical result excl . non - recurring costs related to the ongoing separate listing process increased 9 per cent The combined ratio was 88.7 per cent ( 88.7 ) • ⚫ Result of asset management rose to KSEK 35,166 ( 3,058 ) ◆ Profit after tax increased to KSEK 94,651 ( 61,497 ) The SCR ratio improved to 170 per cent ( 151 ) • Basic and diluted earnings per share declined 54 per cent to SEK 4.73 per share ( 3.07 ) About Solid Försäkring Solid Försäkring is a non - life insurance company focusing on niche insurance , with the Nordic region as its core market . The non - life insurance operations are divided into three segments : Product , Personal Safety and Assistance . The company partners with leading retail chains in various industries and the banking sector , has about 2.3 million customers across the Nordic region and has its head office in Helsingborg . Net premiums earned in 2020 amounted to SEK 913 million and the technical result to SEK 117 million . * Some performance measures stated in this section have not been prepared in accordance with IFRS or the Solvency II regulations , which means that they are " alternative performance measures " . The calculations and reconciliation against information in the financial statements of these performance measures are presented on the website under " Financial statements " . Definitions of performance measures are presented on the company's website . Changes and comparative figures on this page and elsewhere in this interim report refer to the same period last year . All amounts are presented in KSEK unless otherwise stated . 1