Club News

Club News

Göteborg: 30 April 2020

The Swedish Club's Annual Report 2019 is now available

Ten years ago, The Swedish Club's P&I business totalled 26 million gross tonnes. A decade later it has almost doubled that, at 50 million gross tonnes. The marine side of the business has grown even more dramatically, from 1,400 vessels to nearly 3,500 vessels today. Alongside that, the Club's free reserves have doubled and in two of the ten years, a P&I discount has been given to members. The Club has a clear strategy, it is all about steering carefully and offering stability in an unpredictable world.

Highlights 2019

  • Operating result: USD 24.6 million
  • Free reserves:  USD 228.4 million
  • Combined ratio 2019: 106%
  • Combined ratio over 10 years: 99%
  • Rating A- with stable outlook
  • 80 million gross tonnage (P&I incl. Charterers' liability)
  • Over 6,000 entered vessels - all classes
  • Launch of our proactive Trade Enabling Loss Prevention (TELP) programme

Click here to download the report in pdf format»

 The Swedish Club's Annual Report 2019

You can find all previous Annual Reports here»

For more information, please contact 
mikael.fransson@swedishclub.com  
Senior Manager - Head of Accounting +46 705 602 066

 

Visiting address

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
Fax +46 31 156 711
E-mail swedish.club@swedishclub.com

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