2015 HIGHLIGHTS
  • 991
    Gross written premium
    USD millions, ETC basis
  • 87
    Result after tax
    USD millions, ETC basis
  • 88
    Combined ratio
    Per cent, ETC basis
  • 969
    Contingency reserve
    USD millions
  • 2.7
    Assets
    USD billions
CHAIRMAN'S REPORT
‘‘

In this, my first Report after a full year of operation, I am pleased to report that the Gard group has performed strongly against both its financial and operational targets.

CEO'S OPERATIONAL REVIEW
‘‘

Gard performed strongly for the financial year ending 20 February 2015, recording a surplus after tax of USD 87 million on an Estimated Total Call (ETC) basis and a Combined Ratio Net (CRN) of 88 per cent

Gard at a glance
vertical line
dollar.gif
USD 187m returned to mutual Members over the last six years
vertical line
A+.gif
financial strength rating from Standard & Poor’s
vertical line
globe.gif
13 offices around the world
88pc.gif
combined ratio net 88 per cent for the 2014 policy year