ABGSC acted as Sole Bookrunner in connection with the NOK 104m Private Placement in Insr Insurance Group.

On 10 October 2019, Insr Insurance Group ASA announced that it successfully raised NOK 104 million in gross proceeds through a private placement of approximately 10% of the outstanding share capital. The net proceeds from the Private Placement will be used to strengthen the competitive position and speed up the company’s profitable growth trajectory through a reduced reinsurance quota and improved utilization of the available Tier 1 hybrid capital.