The Swedish Club
The Swedish Club News
The Swedish Club Reports 99% Retention, Increased Tonnage at 2026 Renewal
The Swedish Club (TSC) has concluded its 2026 P&I renewal with a 99% retention rate.Over the past 12 months, The Swedish Club has attracted new entered tonnage with an increase of nearly 8%, driven by a combination of solid organic development within the existing membership and selective new business transferring to the Club. In addition, the Club has secured a strong level of commitment through tonnage…
Insurer Releases Heavy Weather Alert Tool
Maritime insurance specialist The Swedish Club reports that it registered claims exceeding $25million attributable to heavy weather over the past five years. In response, it has developed a Heavy Weather Alert tool as an addition to its existing loss prevention tool.Heavy weather can cause structural damage, shifted cargo, broken mooring lines, wet damage, lost cargo overboard, and more. The Club says…
Swedish Club Managing Director Lars Rhodin Retires
Lars Rhodin, will retire as managing director of The Swedish Club, ffective January 1, 2023.Rhodin first joined The Swedish Club in 1986 and has spent 15 years at the helm. During that time, he spearheaded a period of considerable growth for the Club, successfully steering it through challenges and overseeing the opening of three new offices in Oslo, London and, the latest, in Singapore.“Since I joined the Club in 1986, I have been part of a family,” Rhodin said.
The Swedish Club Opens Singapore Office
The Swedish Club announced it has opened a new full-service office in Singapore, responsible for members in Singapore and other markets in Asia, including India, Japan and Thailand.Brian Png, Team Manager for the Singapore office, said, "Singapore is widely recognized as one of the most important maritime hubs in the world, and the opening of this new office is an important step for The Swedish Club.
Swedish Club's NextGen Loss Prevention
The marine mutual insurer Swedish Club has introduced the next generation of Loss Prevention. It means that shipowners can now be offered real time personalized loss prevention…
Swedish Club Maintains Zero Per Cent General Increase
The mutual marine insurance company Sveriges Angfartygs Assurans Forening (The Swedish Club) has announced a zero per cent general increase for the forthcoming P&I…
The Swedish Club Moves Forward on a Firm Footing
The Swedish Club has reported results for the 2018 renewal season in line with its focus on quality business and expert approach to managing current and future risks. Growth is running according to plan and the P&I gross tonnage has moved in excess of the 50 million GT milestone. This follows on from the positive news announced by S&P Global Ratings (S&P) earlier this year, when it revised its outlook on The Swedish Club to positive from stable…
DNV GL, Gard, The Swedish Club Step in to Cut Anchor Losses
The root cause of many groundings and collisions, lost anchors are among the top five reasons for claims costs. A rising number of anchor losses reported over the last several years prompted DNV GL…
The Swedish Club Returns Strong Performance
“Last year was a good year for the club with results showing a positive return on investment and a very good contribution from the underwriting side,” said Lars Rhodin, The Swedish Club’s Managing Director, during his address to the Club’s 142nd AGM in Gothenburg on June 12. During the year, the Club reinforced its office in Norway, decided to offer its Maritime Resource Management (MRM) program free of charge to members and saw its free reserves rise to a historically high level of $168m.
The Swedish Club Makes Arctic Trade Safer
According to a new publication issued by the Swedish Club, operators transiting the polar regions are not always fully prepared for the unique challenges that they will face. Yet informing their P&I Club and Underwriter allows the owner to get access to hands-on advice that will reduce their exposure to these increased risks. As longer ice free summers and increased offshore operations focus attention on the polar regions, transits to and from the arctic ports are set to increase significantly.
