United Kingdom
P&I Portal

Swedish Club

Swedish Club
Gullbergs Strandgata 6SE-411 04 Göteborg, Sweden
swedishclub.com t +46 31 638 400

Managers: Self-Managed

Entered GT by vessel type

Entered GT by vessel type
Number of ships (owned entries only)
2018 2017 2016
1,258 1,157 1,112
Total owned entered GT
2018 2017 2016
51,200,000 46,800,000 43,500,000
Total chartered GT
2018 2017 2016
35,000,000 30,300,000 22,700,000

Entered GT by region

Entered GT by region

Income Statement (year ending - 20th February) USD 000s

  2018 2017
Income Calls and premiums 158,415 171,965
Excess Calls -3,418 0
Reinsurance Premiums -35,799 -36,734
Total Income 119,198 135,231
Expenditure Net claims incurred -98,114 -102,961
Net operating expenses -24,831 -25,439
Total expenditure -122,945 -128,400
Underwriting result pre investment/other financial income and tax -3,747 6,831
Investment/other financial income 22,557 5,007
Tax/interest charged - -
Overall result 18,810 11,838
Free reserves 213 195

Breakdown of investment by type

Breakdown of investment by type
S&P Rating Current Rating 2017
Rating BBB+ BBB+
Outlook Positive Stable
Type of rating Interactive Interactive
Policy Year 2010 2011 2012 2013 2014 2015 2016 2017 2018
General Increase % 2.5 2.5 5 7.5 7.5 2.5 0 0 0
Supplementary Call Record % 0/0 0/0 0/0 0/0 0/0 0/0 0/0 0/-4 0/-5

Release Call Percentage - as at June 2018

2015 2016 2017 2018
Closed 5% 12.5% 15%