The Club furthered its competitive position in the first six months of the year
The highlights of The Swedish Club’s half-year report are as follows:
- 6.3% Return on Investments
- Combined ratio of 108%
- Result USD 17 million
- Free Reserves USD 221 million
- S&P A-rating with stable outlook
- Focus on personalised Loss Prevention
“The Swedish Club’s offering is based on financial stability, product range, casualty response and proactive Loss Prevention. The Club continues to grow according to plan with a half-year result of USD 17 million. The combined ration of 108% was affected by International Group Pool claims. However, on a ten year average, the combined ration remains below 100%. Free reserves continue to be on a high level at USD 221 million, enabling further business growth”
Lars Rhodin
Managing Director
The Swedish Club
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