Key figures FIGURES IN USD MILLION - YEAR TO 20 AUGUST 2016

Gross written premium*

739

Equity

1,114

Result on ETC basis*

97

Combined ratio net*

96

* FIGURES BEFORE REDUCTION IN DEFERRED CALL


Deferred calls

  2011 2012 2013 2014  2015
Estimated 25 25 25 25 25
Actual 20 15 15 15 15
Reduction
(USDm)
14 31 35 37 37

Estimated and Actual in per cent per policy year

Stability and predictability in the level of calls is a highly desirable outcome for Members, and our track record demonstrates our ability to manage this process.

Equity

 

Figures in USD million

 


Standard & Poor's Ratings

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Standard & Poor's views Gard to have a strong business risk profile, a strong financial risk profile and a strong Enterprise Risk Management (ERM). The group's earnings are likely to support its capital adequacy going forward.

Standard & Poor's Research Update, November 2016   

Standard & Poor's Financial Services LLC, provides independent financial information, analytical services, and credit rating to the world's financial markets. For more information on Standard and Poor's, visit http://www.standardandpoors.com/   

 

Gard Marine & Energy (Europe) AS