Company news

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. 

A small number of Members have reported receiving an email, purportedly from Gard, which  begins

We refer to our Member circular 7/2016 published in May 2016 -  7/2016: New IG/CINS guidelines for the carriage of Calcium Hypochlorite in containers

Rolf Thore Roppestad, Chief Executive Officer of Gard, provides some thoughts on the year that is now nearly at an end as well as looking at the months ahead.

Instead of sending corporate greeting cards to our Members, clients and business associates, we donate an equivalent amount to SOS Children’s Villages, a charitable organisation helping children throughout the world.

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

Our office in Hong Kong is moving on Saturday, 29 October. 

For the first six months of the 2016 financial year, ending 20 August, Gard reported a result after tax of USD 97 million with a CRN of 97 per cent. There will be no general increase in the Advance Call for owners’ mutual P&I or for mutual FD&D for the 2017 policy year.