Finance and risk management
Key figures FIGURES IN USD MILLION - FOR THE SIX MONTHS TO 20 AUGUST 2020
Gross earned premium*
425
Equity
1,117
Result
-62
Combined ratio net*
116
* FIGURES BEFORE REDUCTION IN DEFERRED CALL
Last instalment
| 2015 | 2016 | 2017 | 2018 | 2019 | |
| Estimated | 25 | 25 | 25 | 25 | 25 |
| Actual | 15 | 0 | 0 | 15 | 20 |
| Reduction (USDm) |
37 | 90 | 79 | 37 | 18 |
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
Standard & Poor's considers Gard to have an extremely strong capitalisation with good diversification across marine lines.
Standard & Poor's press release, 30 October 2020
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/