PPL chosen to deliver current and future client needs

29.11.17

Gard announced today that it has begun trading marine business on the London insurance market’s electronic placing platform, PPL (Placing Platform Ltd), which enables brokers and underwriters to quote, negotiate, bind and endorse business digitally on a single market-wide system. 

Quality membership drives strong performance

26.10.17

The first half of the 2017 financial year has seen strong performance across the group. Rolf Thore Roppestad, CEO of Gard, said: “Gard’s insurance performance has been better than forecast over the last three years due to a benign claims environment both in terms of frequency and severity. The other critical factor, however, has been the quality of our membership." 

Gard reports 2017 results and waives deferred call

10.05.17

Following the meeting of the Board of Directors on 8 May 2017, Gard today announced its results for the year ending 20 February 2017, and the waiver of the entire deferred call for the 2016 policy year. This represents a 20% reduction on the premium agreed at the beginning of the policy year.

Gard reports strong half year results

27.10.16

For the first six months of the 2016 financial year, ending 20 August, Gard reported strong results at a group level with a result after tax of USD 97 million, a combined ratio net of 97 per cent and an investment return of USD 82 million. 

Gard is a new Green Award incentive provider

13.09.16

Gard, the largest P&I Club and leading marine hull insurer, has become the first insurer to become a Green Award Incentive Provider.

Gard reports 2016 results and reduces deferred call

10.05.16

Reporting at a group level, Gard reported a surplus after tax of USD 85 million on an Estimated Total Call (ETC) basis and Combined ratio net of 83 per cent. The deferred call for the 2015 policy year will be 15 per cent of the advance call – 10 percentage points lower than the original estimate of 25 per cent and the insurance cost for mutual Members will be reduced by USD 37 million.

 

Gard appoints new Managing Director for London office

22.04.16

Gard announced today that Thomas Nordberg has taken up the role as Managing Director of the London office, replacing André Kroneberg who has moved to be Chief Underwriting Officer – Asia.

DNV GL, Gard and The Swedish Club work together to help reduce anchor losses

08.03.16

The root cause of many groundings and collisions is lost anchors which are also among the top five reasons for claims costs overall. A rising number of anchor losses reported over the last several years prompted DNV GL, Gard and The Swedish Club to investigate this issue.

Gard launches Guidance on Freight Containers

03.02.16

Gard today announced the launch of a new publication: Guidance on Freight Containers, the latest in a series of Gard Guidance books. The publication provides comprehensive information on handling containers both in terms of operations, geographical differences, regulations relating to transportation, design and maintenance of containers, and insurance.

Gard announces appointment of Chief Claims Officer

25.01.16

Gard today announced the appointment of Christen Guddal as Chief Claims Officer, effective from 20 February 2016. He will succeed Svein Andersen who will retire from Gard in October of this year, having headed the claims function for seven years.

Gard announces appointment of Chief Digital Officer

04.01.16

Gard today announced the appointment of Ole Rikard Rønning as Chief Digital Officer, representing ICT on the Top Management Group (TMG).

Gard reports strong half year results

28.10.15

Rolf Thore Roppestad, CEO of Gard, said: “I am pleased to report a strong performance at the half year which is the result of a combination of good risk selection, a benign claims environment and a favourable development on prior years. Our strategy of focussing on three key activities; maintaining our financial strength, building an efficient global organisation and developing our market position – has helped us to navigate difficult market conditions.

Gard announces new Chief Underwriting Officers

21.08.15

Gard today announced the creation of three new roles in underwriting management – Chief Underwriting Officers (CUOs) for the Shipowners and Industry segments (Specialty) and for Asia, all reporting to Bjornar Andresen, Group Chief Underwriting Officer.

Norway's Minister of Trade and Industry, Monica Mæland, visits Gard

14.08.15

The Minister of Trade and Industry, Monica Mæland, spent time today at the headquarters of Gard - the world's leading marine insurer - in Arendal.

Gard reports half year results and general increase

28.10.14

Rolf Thore Roppestad, CEO of Gard, said “We have delivered a solid result in the first half year, with two good quarters on both the insurance and investment sides of the business".

Gard wins Young Corporation Award 2014

29.09.14

Gard announced today that it has won the YoungShip International Young Corporation Award for 2014.

Gard appoints new head of Human Resources

17.09.14

Gard announced today that Steffen Schøler has been appointed Vice President, Human Resources, replacing Trygve Nøkleby who is moving to Hong Kong to head the office there.

Gard announces inaugural recipients of Claes Isacson Scholarship for maritime education

13.06.14

Gard is pleased to announce that the inaugural recipients of the Claes Isacson Scholarship for maritime education are Wang Wenhao from Singapore and Daniela Gladun from Sweden.

Gard reports 2013 results and announces reduced deferred call

27.05.14

Gard reported gross written premiums of USD 959 million, a surplus after tax of USD 89 million, combined ratio net of 97 per cent and contingency reserves of USD 944 million and announced a reduction in the deferred call for the 2013 policy year.

Gard opens new office in Singapore

07.05.14

Gard announced today the opening of its office in Singapore – the 14th office in its global network.