Club News

Club News

Göteborg: 21 August 2019

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

 

Lars Rhodin, Managing Director, The Swedish Club
"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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The Swedish Club
Gullbergs Strandgata 6
SE-411 04 Gothenburg
Sweden

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The Swedish Club
Gullbergs Strandgata 6
P.O Box 171
SE-401 22 Gothenburg
Sweden

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Tel +46 31 638 400
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E-mail swedish.club@swedishclub.com

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