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
| 2019 |
2018 |
2017 |
| 1,257 |
1,115 |
1,157 |
| 2019 |
2018 |
2017 |
| 47,000,000 |
51,200,000 |
46,800,000 |
| 2019 |
2018 |
2017 |
| 31,000,000 |
35,000,000 |
30,300,000 |
Entered GT by region
Income Statement (year ending – December) USD 000s
| |
2019 |
2018 |
| Income |
Calls and premiums |
146,100 |
153,300 |
| Excess Calls |
0 |
0 |
| Reinsurance Premiums |
-34,900 |
-35,800 |
| Total Income |
111,200 |
117,500 |
| Expenditure |
Net claims incurred |
-86,600 |
-98,100 |
| Net operating expenses |
-23,900 |
-24,400 |
| Total expenditure |
-110,500 |
-122,500 |
| Underwriting result pre investment/other financial income and tax |
700 |
-5,000 |
| Investment/other financial income |
-6,000 |
27,600 |
| Tax/interest charged |
-40 |
-220 |
| Overall result |
-5,200 |
22,000 |
| Free reserves |
203,841 |
213,477 |
Breakdown of investment by type
| S&P Rating |
Current Rating |
2018 |
| Rating |
A- |
BBB+ |
| Outlook |
Stable |
Stable |
| Type of rating |
Interactive |
Interactive |
| Policy Year |
2010 |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
| General Increase % |
2.5 |
2.5 |
5 |
7.5 |
7.5 |
2.5 |
0 |
0 |
0 |
0 |
| Supplementary Call Record % |
0/0 |
0/0 |
0/0 |
0/0 |
0/0 |
0/0 |
0/0 |
0/0 |
0/0 |
0/0 |
Release Call Percentage - as at February 2019
| 2016 |
2017 |
2018 |
2019 |
| Closed |
8% |
10% |
15% |