The Wolfson Centre for Bulk Solids Handling Technology Port of StocktonBühler GmbHPort of Vancouver USACleveland Cascades LtdTelestack
  • Cimbria
  • Port of Vancouver USA
  • Port of South Louisiana
  • TBA Group
  • Telestack
  • TOC Events

S&P affirms Swedish Club ratings at 'A-'

(Posted on 27/09/19)

The Swedish Club is delighted to report that S&P Global Ratings has affirmed its 'A-' long-term insurer financial strength and issuer credit ratings on The Swedish Club.

The ratings agency commented on The Swedish Club’s sturdy operating performance, driven by disciplined underwriting and strong risk controls and a solid capital buffer at the 'AAA' level as per its risk-based capital model.

S&P has also confirmed a stable outlook for the Club, reflecting its view that the Club will continue to deliver robust underwriting performance and preserve its excellent capital adequacy over the next two years.

Lars Rhodin, Managing Director of The Swedish Club says: “The upgrade to an 'A-' rating at the beginning of the year was testament to our quality members, combined with a consistent performance by the Club for the last ten years.

“S&P again acknowledged the Club’s risk management strategy and remarked upon our reputation for providing efficient member service, as demonstrated by high satisfaction rates."

Latest News

Star Bulk grows fleet with kamsarmax acquisitions

(Posted on 05/03/21)

Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes... Read more


Damen launches Financial Services division

(Posted on 05/03/21)

As of April 1, 2021, Damen Shipyards Group will start a specialised Financial Services division. This... Read more


ClassNK releases new software

(Posted on 05/03/21)

Leading Classification Society ClassNK has released the latest version of its design support software... Read more


WSC strengthens in Asia and USA

(Posted on 05/03/21)

To support its growing scope of activities across the globe, the World Shipping Council (WSC) has added... Read more


Danica welcomes Russian seafarer vaccination

(Posted on 01/03/21)

Russia has now recognised seafarers as keyworkers and begun giving them Covid-19 vaccinations as a priority... Read more


DNV GL joins Smart Maritime Network

(Posted on 01/03/21)

DNV GL, the world’s leading classification society, has joined the Smart Maritime Network, an... Read more


Strong results for resilient Algoma

(Posted on 26/02/21)

Algoma Central Corporation, is reporting very strong financial results for 2020, a year in which a global... Read more


North posts solid renewal results

(Posted on 24/02/21)

North P&I Club has reported continuing growth in its diversified business lines and solid progress... Read more


Britannia P&I launches B Korea

(Posted on 24/02/21)

Britannia P&I will officially launch B Korea P&I Correspondent Co., Ltd. (‘B Korea&rsquo... Read more


Fleet to be part of climate change solution

(Posted on 22/02/21)

To embed action on environmental sustainability and biodiversity, Fleet Management (FLEET) has teamed... Read more


Sailors SocietyTOC EventsPort of South LouisianaViganTBA GroupCimbria
  • Cleveland Cascades Ltd
  • The Wolfson Centre for Bulk Solids Handling Technology
  • Bühler GmbH

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping