Insr Insurance ASA announced that after the Portfolio Transfer Agreement ("PTA") it entered into with DARAG Deutschland AG, the German carrier of the DARAG Group, was approved by the Norwegian Financial Supervisory Authority, Finanstilsynet and subsequently put into effect, Finanstilsynet has approved Insr's request to return its insurance license. The approval will come into effect after Insr has changed the Company statutes to reflect that Insr no longer is an insurance company and Finanstilsynet has received necessary confirmations and fees.