Protector Forsikring pegs Grenfell claim at £50mn

Norwegian general insurer Protector Forsikring has issued a
£50.0mn ($64.6mn) preliminary estimate for its gross claims
stemming from the Grenfell tower tragedy, indicating it expects a
total loss to the policy.
The carrier said the figure, which was published in its second
quarter results today, remains "highly uncertain" and
that it would likely take years for the level of claims to
crystallise.
However, Protector added its share of claims from Grenfell net
of reinsurance are expected to