Company news

Friday, 16 February is Chinese New Year and is celebrated throughout the world. 2018 is Year of the Dog according to the Chinese Zodiac and we wish all our Members, clients and business associates a wealthy and prosperous Year of the Dog.  Kung Hei Fat Choi!

Gard, together with classification society DNV GL and the marine insurers The Swedish Club, Norwegian Hull Club and Skuld launch a new joint development project to test the potential influence of Environmentally Acceptable Lubricants (EALs) on failures in stern tube bearings. DNV GL will oversee the detailed laboratory testing of EALs at the University of Sheffield, UK.

Standard & Poor's has affirmed Gard's A+ long term insurer financial strength and counterparty credit ratings, with a stable outlook. 

In 1907, Gard was founded to underwrite only the P&I risks of sailing ships – a single solution for one type of vessel. As the world and technology changed, so our remit widened and we began to accept steamships and tankers – and then expanded into the offshore energy and hull and machinery markets. Today our product range is the widest in the market and is still adapting to meet the needs of shipowners and our responsibilities to society.

We are delighted to announce that Gard has received the Great Place To Work certification for 2017.

The 9th October is Gard’s 110th anniversary – a fascinating journey that has taken it from being the provider of a single product for a local set of clients to a global organisation catering to the whole spectrum of marine insurances.

Gard is pleased to announce that it has signed the world’s first insurance industry statement on sustainable marine insurance. 

The Claes Isacson Scholarship annual scholarship helps young people finance an education at university level, with a view to finding work within the shipping and marine insurance sector.

250 years ago today, on 18 August 1767,  one of the forerunners to the Marine & Energy business in Gard was established by Royal decree in Copenhagen, Den Almindelige Brandforsikrikrings-Indretning for Bygninger.

Rolf Thore Roppestad, CEO of Gard, provides an update on recent events in Gard and our business going forward.

The International Group of P&I Clubs, of which Gard is a member, has issued their annual review for 2016/2017. 

The 2017 Annual General Meeting of  Gard P. & I. (Bermuda) Ltd. will be held on Thursday, 22 June, 2017 at the offices of its Manager, Lingard Limited, Trott & Duncan Building, 17A Brunswick Street, Hamilton HM 10, Bermuda at 12:00 noon or as soon thereafter as possible.  

The International Group of P&I Clubs (IG), of which Gard is a member, is currently conducting some research into the work it performs on behalf of the P&I community and the majority of the world’s commercial shipowners and operators.

Due to scheduled maintenance, the Gard website may have periods of instability during the period 1-2 April 2017. We apologise for any inconvenience this may cause.

The application deadline for the Claes Isacson Scholarship has therefor been extended until 23:59 CEST on 3 April 2017.

During day to day operations of a ship and particularly in situations where the ship has been damaged, it is usually assumed that all watertight doors are closed and that the vessel’s internal watertight subdivision is 100% effective. 

During the 2016 policy year, Gard gathered data to make a better cost benefit determination to support the cover for costs of pre-load steel surveys (PLSS). Gard has decided to maintain cover for the costs of pre-load steel surveys with one small change.