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Insr Insurance Group

OB:INSR
Snowflake Description

Excellent balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
INSR
OB
NOK519M
Market Cap
  1. Home
  2. NO
  3. Insurance
Company description

Insr Insurance Group ASA, a non-life insurance company, focuses on property and casualty insurance for the retail, and small and medium sized enterprises in Norway. The last earnings update was 33 days ago. More info.


Add to Portfolio Compare Print
  • Insr Insurance Group has significant price volatility in the past 3 months.
INSR Share Price and Events
7 Day Returns
27.3%
OB:INSR
5.5%
Europe Insurance
6.4%
NO Market
1 Year Returns
-54.2%
OB:INSR
-23.6%
Europe Insurance
-25.4%
NO Market
INSR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Insr Insurance Group (INSR) 27.3% -33.5% -47.6% -54.2% -51% -97.3%
Europe Insurance 5.5% -19.2% -28.5% -23.6% -17.1% -21.7%
NO Market 6.4% -15.2% -25% -25.4% -11.7% -10.7%
1 Year Return vs Industry and Market
  • INSR underperformed the Insurance industry which returned -23.6% over the past year.
  • INSR underperformed the Market in Norway which returned -25.4% over the past year.
Price Volatility
INSR
Industry
5yr Volatility vs Market

INSR Value

 Is Insr Insurance Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Insr Insurance Group. This is due to cash flow or dividend data being unavailable. The share price is NOK3.5.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Insr Insurance Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Insr Insurance Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OB:INSR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in NOK NOK-0.35
OB:INSR Share Price ** OB (2020-03-31) in NOK NOK3.5
Europe Insurance Industry PE Ratio Median Figure of 77 Publicly-Listed Insurance Companies 8.86x
Norway Market PE Ratio Median Figure of 147 Publicly-Listed Companies 9.71x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Insr Insurance Group.

OB:INSR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OB:INSR Share Price ÷ EPS (both in NOK)

= 3.5 ÷ -0.35

-10.08x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Insr Insurance Group is loss making, we can't compare its value to the Europe Insurance industry average.
  • Insr Insurance Group is loss making, we can't compare the value of its earnings to the Norway market.
Price based on expected Growth
Does Insr Insurance Group's expected growth come at a high price?
Raw Data
OB:INSR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -10.08x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
113%per year
Europe Insurance Industry PEG Ratio Median Figure of 55 Publicly-Listed Insurance Companies 0.89x
Norway Market PEG Ratio Median Figure of 104 Publicly-Listed Companies 0.55x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Insr Insurance Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Insr Insurance Group's assets?
Raw Data
OB:INSR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in NOK NOK2.73
OB:INSR Share Price * OB (2020-03-31) in NOK NOK3.5
Europe Insurance Industry PB Ratio Median Figure of 84 Publicly-Listed Insurance Companies 0.88x
Norway Market PB Ratio Median Figure of 249 Publicly-Listed Companies 0.72x
OB:INSR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OB:INSR Share Price ÷ Book Value per Share (both in NOK)

= 3.5 ÷ 2.73

1.28x

* Primary Listing of Insr Insurance Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Insr Insurance Group is overvalued based on assets compared to the Europe Insurance industry average.
X
Value checks
We assess Insr Insurance Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Insurance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Insurance industry average (and greater than 0)? (1 check)
  5. Insr Insurance Group has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

INSR Future Performance

 How is Insr Insurance Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
113%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Insr Insurance Group expected to grow at an attractive rate?
  • Insr Insurance Group's earnings growth is expected to exceed the low risk savings rate of 0.7%.
Growth vs Market Checks
  • Insr Insurance Group's earnings growth is expected to exceed the Norway market average.
  • Insr Insurance Group's revenue growth is expected to exceed the Norway market average.
Annual Growth Rates Comparison
Raw Data
OB:INSR Future Growth Rates Data Sources
Data Point Source Value (per year)
OB:INSR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 113%
OB:INSR Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 6.7%
Europe Insurance Industry Earnings Growth Rate Market Cap Weighted Average 7.6%
Europe Insurance Industry Revenue Growth Rate Market Cap Weighted Average -8.2%
Norway Market Earnings Growth Rate Market Cap Weighted Average 19.8%
Norway Market Revenue Growth Rate Market Cap Weighted Average 2.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OB:INSR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in NOK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OB:INSR Future Estimates Data
Date (Data in NOK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 951 1
2021-12-31 850 68 1
2020-12-31 790 38 1
2020-04-01
OB:INSR Past Financials Data
Date (Data in NOK Millions) Revenue Cash Flow Net Income *
2019-12-31 783 50 -48
2019-09-30 837 92 -57
2019-06-30 815 154 -79
2019-03-31 817 243 -115
2018-12-31 718 217 -70
2018-09-30 565 145 -225
2018-06-30 466 49 -200
2018-03-31 377 -16 -209
2017-12-31 259 -33 -206
2017-09-30 234 76 -54
2017-06-30 206 -9 -127
2017-03-31 225 -44 -126

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Insr Insurance Group's earnings are expected to grow significantly at over 20% yearly.
  • Insr Insurance Group's revenue is expected to grow by 6.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OB:INSR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Insr Insurance Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OB:INSR Future Estimates Data
Date (Data in NOK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31 0.46 0.46 0.46 1.00
2020-12-31 0.26 0.26 0.26 1.00
2020-04-01
OB:INSR Past Financials Data
Date (Data in NOK Millions) EPS *
2019-12-31 -0.35
2019-09-30 -0.42
2019-06-30 -0.58
2019-03-31 -0.85
2018-12-31 -0.52
2018-09-30 -1.84
2018-06-30 -1.90
2018-03-31 -2.37
2017-12-31 -2.97
2017-09-30 -0.93
2017-06-30 -2.42
2017-03-31 -2.81

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Insr Insurance Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Insr Insurance Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Insr Insurance Group has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

INSR Past Performance

  How has Insr Insurance Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Insr Insurance Group's growth in the last year to its industry (Insurance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insr Insurance Group does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Insr Insurance Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Insr Insurance Group's 1-year growth to the Europe Insurance industry average as it is not currently profitable.
Earnings and Revenue History
Insr Insurance Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Insr Insurance Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OB:INSR Past Revenue, Cash Flow and Net Income Data
Date (Data in NOK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 782.63 -47.61 331.01
2019-09-30 836.86 -57.11 384.56
2019-06-30 814.64 -78.58 401.54
2019-03-31 817.17 -115.10 421.59
2018-12-31 718.17 -70.34 392.28
2018-09-30 564.89 -225.27 462.18
2018-06-30 465.64 -199.57 434.89
2018-03-31 376.84 -208.57 409.90
2017-12-31 259.44 -205.96 366.76
2017-09-30 233.67 -54.05 243.41
2017-06-30 206.03 -126.53 267.25
2017-03-31 225.46 -126.01 292.44
2016-12-31 242.92 -149.82 318.91
2016-09-30 238.63 -213.71 356.30
2016-06-30 246.27 -166.15 324.26
2016-03-31 226.86 -188.05 353.81
2015-12-31 224.10 -197.57 351.69
2015-09-30 230.54 -189.27 370.89
2015-06-30 242.37 -193.03 379.71
2015-03-31 244.44 -199.80 363.47
2014-12-31 248.26 -187.93 381.53
2014-09-30 211.18 -235.11 383.29
2014-06-30 175.41 -232.83 356.29
2014-03-31 140.14 -206.00 299.89
2013-12-31 100.42 -163.68 217.43
2013-09-30 77.35 -33.32 75.02
2013-06-30 56.34 -32.85 64.30

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Insr Insurance Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Insr Insurance Group has efficiently used its assets last year compared to the Europe Insurance industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Insr Insurance Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Insr Insurance Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Insurance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Insr Insurance Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

INSR Health

 How is Insr Insurance Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Insr Insurance Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Insr Insurance Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Insr Insurance Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Insr Insurance Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 15.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Insr Insurance Group Company Filings, last reported 3 months ago.

OB:INSR Past Debt and Equity Data
Date (Data in NOK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 393.87 151.32 1,044.98
2019-09-30 309.32 151.16 1,012.32
2019-06-30 320.86 152.51 946.49
2019-03-31 312.65 149.30 980.25
2018-12-31 381.23 151.12 881.33
2018-09-30 423.07 75.73 861.50
2018-06-30 436.64 74.21 739.00
2018-03-31 452.17 74.18 661.77
2017-12-31 448.38 74.16 594.69
2017-09-30 178.26 74.13 403.69
2017-06-30 166.98 74.10 378.80
2017-03-31 175.97 73.96 365.10
2016-12-31 66.36 73.96 220.23
2016-09-30 121.41 73.96 209.83
2016-06-30 199.46 73.96 220.22
2016-03-31 181.09 73.96 259.13
2015-12-31 103.53 73.93 314.60
2015-09-30 213.02 73.90 347.20
2015-06-30 269.75 0.00 377.92
2015-03-31 -28.39 0.00 103.09
2014-12-31 26.72 0.00 174.86
2014-09-30 391.15 0.00 217.51
2014-06-30 397.12 0.00 218.87
2014-03-31 411.43 0.00 83.12
2013-12-31 41.93 0.00 122.99
2013-09-30 210.89 0.00 71.29
2013-06-30 150.99 0.00 102.84
  • Insr Insurance Group's level of debt (38.4%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Insr Insurance Group's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Insr Insurance Group has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Insr Insurance Group has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -42.4% per year.
X
Financial health checks
We assess Insr Insurance Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Insr Insurance Group has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

INSR Dividends

 What is Insr Insurance Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Insr Insurance Group dividends. Estimated to be 0% next year.
If you bought NOK2,000 of Insr Insurance Group shares you are expected to receive NOK0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Insr Insurance Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Insr Insurance Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OB:INSR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Europe Insurance Industry Average Dividend Yield Market Cap Weighted Average of 70 Stocks 6.6%
Norway Market Average Dividend Yield Market Cap Weighted Average of 108 Stocks 6.6%
Norway Minimum Threshold Dividend Yield 10th Percentile 2.1%
Norway Bottom 25% Dividend Yield 25th Percentile 3.7%
Norway Top 25% Dividend Yield 75th Percentile 7.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OB:INSR Future Dividends Estimate Data
Date (Data in NOK) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.00 1.00
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2020-04-01

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Insr Insurance Group has not reported any payouts.
  • Unable to verify if Insr Insurance Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Insr Insurance Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Insr Insurance Group has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Insr Insurance Group's dividends in 3 years as they are not expected to pay a notable one for Norway.
X
Income/ dividend checks
We assess Insr Insurance Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 2.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Insr Insurance Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Insr Insurance Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

INSR Management

 What is the CEO of Insr Insurance Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Espen Husstad
COMPENSATION NOK5,298,000
AGE 51
TENURE AS CEO 4.5 years
CEO Bio

Mr. Espen Husstad has been Chief Executive Officer of Insr Insurance Group ASA (“Insr Insurance”) since October 2015. Mr. Husstad has extensive experience from the insurance industry. Before he joined Insr Insurance, he was Managing Director of AON Norway from 2008. He has also had various leading positions in If. He has a doctorate in mathematics from NTNU in 1997.

CEO Compensation
  • Espen's compensation has increased whilst company is loss making.
  • Espen's remuneration is about average for companies of similar size in Norway.
Management Team Tenure

Average tenure and age of the Insr Insurance Group management team in years:

2.3
Average Tenure
51
Average Age
  • The tenure for the Insr Insurance Group management team is about average.
Management Team

Espen Husstad

TITLE
Chief Executive Officer
COMPENSATION
NOK5M
AGE
51
TENURE
4.5 yrs

Cathrine Christiansen

TITLE
Executive Vice President of Sales
COMPENSATION
NOK3M
TENURE
2.3 yrs

Bård Standal

TITLE
Deputy Chief Executive Officer
COMPENSATION
NOK3M
AGE
45
TENURE
1 yrs

Ingvild Gråberg

TITLE
Executive Vice President of Customer
COMPENSATION
NOK2M
TENURE
3.5 yrs

Linda Mulehamn

TITLE
Executive Vice President of Insight
COMPENSATION
NOK2M
TENURE
2.3 yrs

Hans Madsen

TITLE
Chief Financial Officer
AGE
51
TENURE
1 yrs

Anne Knudtzon

TITLE
Senior Vice President of Business Controlling & Investor Relations

Pål Lauvrak

TITLE
Chief Marketing Officer and Marketing Director
COMPENSATION
NOK2M
AGE
45

Sigmund Romskoug

TITLE
Senior Vice President and Managing Director of Vardia Agencies As
COMPENSATION
NOK2M
AGE
66
TENURE
7.3 yrs

Poyan Sinalipour

TITLE
Executive Vice President of Claims
TENURE
0.2 yrs
Board of Directors Tenure

Average tenure and age of the Insr Insurance Group board of directors in years:

1.5
Average Tenure
64.5
Average Age
  • The average tenure for the Insr Insurance Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Åge Korsvold

TITLE
Chairman of the Board
AGE
73
TENURE
9 yrs

Øystein Engebretsen

TITLE
Vice Chairman
AGE
39
TENURE
0.8 yrs

Ragnhild Wiborg

TITLE
Director
AGE
58
TENURE
4.3 yrs

Ulf Spång

TITLE
Director
AGE
71
TENURE
3.5 yrs

Benedicte Gedde-Dahl

TITLE
Employee Representative Director
TENURE
1.5 yrs

Christoffer Rudbeck

TITLE
Employee Representative Director
TENURE
1.5 yrs

Stephanie Kleipass

TITLE
Director
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Insr Insurance Group individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (NOK) Value (NOK)
20. Mar 20 Buy Øystein Engebretsen Individual 20. Mar 20 20. Mar 20 50,000 NOK2.99 NOK149,500
17. Mar 20 Buy Øystein Engebretsen Individual 17. Mar 20 17. Mar 20 25,000 NOK3.50 NOK87,500
16. Mar 20 Buy Øystein Engebretsen Individual 16. Mar 20 16. Mar 20 40,000 NOK3.80 NOK152,000
05. Mar 20 Buy Øystein Engebretsen Individual 05. Mar 20 05. Mar 20 40,000 NOK4.90 NOK196,000
28. Feb 20 Buy Espen Husstad Individual 28. Feb 20 28. Feb 20 10,022 NOK4.99 NOK50,010
29. Nov 19 Buy Hans Madsen Individual 29. Nov 19 29. Nov 19 7,000 NOK7.01 NOK49,070
26. Nov 19 Buy Espen Husstad Individual 26. Nov 19 26. Nov 19 14,228 NOK7.00 NOK99,596
11. Sep 19 Buy Øystein Engebretsen Individual 10. Sep 19 10. Sep 19 37,500 NOK8.64 NOK324,000
06. Sep 19 Buy Øystein Engebretsen Individual 06. Sep 19 06. Sep 19 75,000 NOK8.83 NOK662,250
05. Sep 19 Buy Øystein Engebretsen Individual 05. Sep 19 05. Sep 19 25,000 NOK8.82 NOK220,500
05. Sep 19 Buy Øystein Engebretsen Individual 05. Sep 19 05. Sep 19 12,500 NOK8.82 NOK110,250
05. Sep 19 Buy Øystein Engebretsen Individual 05. Sep 19 05. Sep 19 100,000 NOK8.79 NOK879,000
X
Management checks
We assess Insr Insurance Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Insr Insurance Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

INSR News

Simply Wall St News

Have Insiders Been Buying Insr Insurance Group ASA (OB:INSR) Shares?

As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.' View our latest analysis for Insr Insurance Group The Last 12 Months Of Insider Transactions At Insr Insurance Group Over the last year, we can see that the biggest insider purchase was by insider Øystein Engebretsen for kr6.5m worth of shares, at about kr6.48 per share. … While Insr Insurance Group insiders bought shares last year, they didn't sell. … OB:INSR Recent Insider Trading, August 14th 2019 Insider Ownership of Insr Insurance Group For a common shareholder, it is worth checking how many shares are held by company insiders.

Simply Wall St -

Is Insr Insurance Group ASA (OB:INSR) Excessively Paying Its CEO?

See our latest analysis for Insr Insurance Group How Does Espen Husstad's Compensation Compare With Similar Sized Companies? … It would therefore appear that Insr Insurance Group ASA pays Espen Husstad more than the median CEO remuneration at companies of a similar size, in the same market. … OB:INSR CEO Compensation, July 17th 2019 Is Insr Insurance Group ASA Growing?

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How Many Insr Insurance Group ASA (OB:INSR) Shares Did Insiders Buy, In The Last Year?

OB:INSR Recent Insider Trading, May 10th 2019 Insr Insurance Group is not the only stock that insiders are buying. … Insr Insurance Group Insiders Bought Stock Recently We saw some Insr Insurance Group insider buying shares in the last three months. … When combined with notable insider ownership, these factors suggest Insr Insurance Group insiders are well aligned, and that they may think the share price is too low.

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The Insr Insurance Group (OB:INSR) Share Price Has Gained 10% And Shareholders Are Hoping For More

That's what has happened with the Insr Insurance Group ASA (OB:INSR) share price. … Insr Insurance Group isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … Over the last three years Insr Insurance Group has grown its revenue at 42% annually.

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Do Institutions Own Insr Insurance Group ASA (OB:INSR) Shares?

The big shareholder groups in Insr Insurance Group ASA (OB:INSR) have power over the company. … Insr Insurance Group is not a large company by global standards. … We can zoom in on the different ownership groups, to learn more about INSR

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Should You Take Comfort From Insider Transactions At Insr Insurance Group ASA (OB:INSR)?

So before you buy or sell Insr Insurance Group ASA (OB:INSR), you may well want to know whether insiders have been buying or selling. … See our latest analysis for Insr Insurance Group. … The Last 12 Months Of Insider Transactions At Insr Insurance Group.

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Is Insr Insurance Group ASA's (OB:INSR) CEO Pay Fair?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … According to our data, Insr Insurance Group ASA has a market capitalization of øre1.1b, and pays its CEO total annual compensation worth øre3.6m. … We looked at a group of companies with market capitalizations under øre1.7b, and the median CEO compensation was øre2.7m.

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Insr Insurance Group ASA's (OB:INSR) Shift From Loss To Profit

Insr Insurance Group ASA's (OB:INSR):. … Insr Insurance Group ASA, a non-life insurance company, focuses on property and casualty insurance for the retail, and small and medium sized enterprises in Norway and Denmark. … Check out our latest analysis for Insr Insurance Group

Simply Wall St -

Insr Insurance Group ASA (OB:INSR): What Does It Mean For Your Portfolio?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … Based on this beta value, INSR appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … INSR, with its market capitalisation of ØRE942.89M, is a small-cap stock, which generally have higher beta than similar companies of larger size.

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Who Are The Largest Shareholders In Insr Insurance Group ASA (OB:INSR)?

In this article, I'm going to take a look at Insr Insurance Group ASA’s (OB:INSR) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … Private Company Ownership Potential investors in INSR should also look at another important group of investors: private companies, with a stake of 9.35%, who are primarily invested because of strategic and capital gain interests. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

Simply Wall St -

INSR Company Info

Description

Insr Insurance Group ASA, a non-life insurance company, focuses on property and casualty insurance for the retail, and small and medium sized enterprises in Norway. It serves customers through insurance agents and partners. The company was formerly known as Vardia Insurance Group ASA and changed its name to Insr Insurance Group ASA in October 2016. Insr Insurance Group ASA was founded in 2009 and is headquartered in Oslo, Norway.

Details
Name: Insr Insurance Group ASA
INSR
Exchange: OB
Founded: 2009
NOK518,585,431
148,167,266
Website: http://www.insr.io
Address: Insr Insurance Group ASA
Haakon VII’s Gate 2,
Oslo,
Oslo, 0161,
Norway
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OB INSR Ordinary Shares Oslo Bors NO NOK 05. May 2014
DB 95S Ordinary Shares Deutsche Boerse AG DE EUR 05. May 2014
LSE 0QU0 Ordinary Shares London Stock Exchange GB NOK 05. May 2014
BRSE 95S Ordinary Shares Berne Stock Exchange CH CHF 05. May 2014
BATS-CHIXE INSRO Ordinary Shares BATS 'Chi-X Europe' GB NOK 05. May 2014
Number of employees
Current staff
Staff numbers
0
Insr Insurance Group employees.
Industry
Property and Casualty Insurance
Insurance
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/01 05:42
End of day share price update: 2020/03/31 00:00
Last estimates confirmation: 2020/03/20
Last earnings filing: 2020/02/28
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.