The Club reported a 7.5% growth in P&I business for the previous year from both new and existing members and marine business reported a surplus of $11.8m.
On the back of the solid results the Club is offering a 4% discount to P&I members.
“We respect our shipowners and the challenges they face,” said Lars Rhodin, md of The Swedish Club. “This discount, on our 145th anniversary, has been made possible through a long-term risk management strategy which has also enabled us to set a 0% General Increase for two years in a row.”
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