Port of StocktonSailors SocietyCimbriaViganGeneva DryPort of South Louisiana
  • Bühler GmbH
  • Geneva Dry
  • TMS Awards 2023
  • Port of Stockton
  • Telestack
  • Port of South Louisiana

Swedish Club’s A- Rating reaffirmed

Swedish Club’s A- Rating reaffirmed

(Posted on 06/02/23)

A.M.Best Ratings Services Ltd has affirmed its Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) for The Swedish Club.

"A.M. Best’s reaffirmed rating underscores the competitive position and attractiveness of the Club as a marine insurance provider,” says Thomas Nordberg, Managing Director of The Swedish Club.

The ratings reflect The Swedish Club’s balance sheet strength, which A.M.Best assesses as very strong. In addition, it states that the Club benefits from a well-diversified portfolio within the marine insurance market, offering hull and machinery and P&I cover, in addition to its membership of the International Group of P&I Clubs.

The Swedish Club was founded by shipowners in 1872 and is today a leading and diversified mutual marine insurance company, owned and controlled by its members. The Club writes Protection & Indemnity, Freight, Demurrage & Defence, Hull & Machinery, Hull Interests, Loss of Hire, War Risks, and any additional insurances required by shipowners or charterers. It also writes Hull & Machinery, War risks and Loss of Hire for Mobile Offshore Units and FPSOs.

Its head office is located in Gothenburg, Sweden, with branch offices in Piraeus, Oslo, London, Hong Kong and Singapore.

Latest News

ClassNK releases ‘Prime Shipmanagement Guidelines’

(Posted on 01/05/25)

ClassNK has released ‘Prime Shipmanagement Guidelines’ which aim to achieve sustainable... Read more


MCTC ensures quality remains at top of the table amid global tensions

(Posted on 30/04/25)

In the face of unpredictable provisioning costs, port disruptions, and longer lead times MCTC has reinforced... Read more


NORDEN raises full-year guidance for 2025

(Posted on 28/04/25)

On the back of the increased gains from sales of vessels and good operational performance, NORDEN, a... Read more


INTERCARGO welcomes ILO recognition of seafarers as key workers

(Posted on 28/04/25)

The International Association of Dry Cargo Shipowners (INTERCARGO) has welcomed the recent decision... Read more


MMS advises why seafarers must remain vigilant about malaria

(Posted on 25/04/25)

Despite its lack of publicity, malaria remains an ongoing epidemic and a perilous threat to seafarers... Read more


Veson: Bulker S&P activity falls sharply in Q1 2025

(Posted on 22/04/25)

Due to market uncertainty, overall sale and purchase levels for Bulkers have fallen year on year, with... Read more


Britannia Group announces CEO succession plan

(Posted on 22/04/25)

The Britannia Group, a leading P&I insurer, has announced that its Chief Executive, Andrew Cutler... Read more


INTERCARGO responds to IMO's decision on GHG reduction measures

(Posted on 15/04/25)

At last week's landmark MEPC 83 meeting, the International Maritime Organization (IMO) Member States... Read more


NORDEN sells two additional vessels

(Posted on 15/04/25)

In line with NORDEN’s strategy to realise asset values, the global provider of ocean-based freight... Read more


ILO delivers on Seafarers Key Worker Rights and fair treatment

(Posted on 15/04/25)

The fifth meeting of the Special Tripartite Committee (STC) of the MLC concluded last week with some... Read more


Van AalstTMS Awards 2023TelestackBühler GmbHTBA Group
  • Vigan
  • Sailors Society
  • TBA Group
  • Van Aalst

Subscribe to our newsletter

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