We are happy to present you with our Annual Report for 2024, a year where The Swedish Club remained steadfast in its commitment
to financial stability while ensuring the high level of service expected by its members. The Club strengthened its expertise, expanded its technological capabilities, and enhanced the support offered through its Loss Prevention team.

These strategic initiatives have contributed to an improved financial position, supported by a strengthened management team and a highly skilled workforce.

Here’s a few highlights from the 2024 Annual Report:

• Maintained strong financial position, confirmed by rating agencies.
• Achieved strong insurance results backed by solid investment performance.
• Combined ratio 98%
• Substantial improvement of USD 33 million in free reserves, from USD 184 million to USD 217 million
• Strengthened global market position through ongoing strategic adjustments
• Delivered innovative solutions and enhanced product offerings to members
• Continued organisational improvements with a focus on members’ needs

With these foundations in place, the Club is well-positioned to navigate the challenges ahead, achieve its strategic aims and continue delivering value to its members.