Press releases

Gard today announced a strong 2021 P&I renewal in terms of both tonnage and pricing. Over the last 12 months, 17 million tonnes have been added, with the majority coming during the renewal period. This brings the total owners’ mutual tonnage to 246 million GT. 99.4% of existing tonnage stayed with Gard.

The Gard results have been negatively affected by several major incidents within the International Group Pool and spread of the COVID-19 pandemic and its impact on the shipping and financial markets.

3 June 2020 Gard announced today that Magne Nilsen will become the Managing Director of Gard (UK) Limited from 1 July 2020. He will take over from Thomas Nordberg who will return to Norway to take up a new position as Head of Claims Services reporting to the Chief Claims Officer.

Decision on payment of last instalment of premium deferred.

4 March 2020 - Gard today announced both the publication of its statement on sustainable ship recycling and their sign-up to the Ship Recycling Transparency Initiative (SRTI).

20 February 2020 - With the closing of the 2020 P&I renewal, Gard today announced that its net tonnage had increased by over 15 million in the last 12 months, with total owners’ mutual now in excess of 229 million GT. 99% of existing tonnage stayed with Gard.

28 January 2020 – Gard announced today that Marie Kelly has been appointed as Vice President, Defence and will head up the Defence team in London.

27 November 2019 - Gard announced today that Magne Nilssen will take up the newly created post of Chief Underwriting Officer London from 1 March 2020.

7 November 2019 - Gard reports a result after tax of USD 65 million for the period ending 20 August 2019 and announces that there will be no general increase in the Estimated Total Call for owners’ mutual P&I or for mutual FD&D for the next year.

Wednesday, 16 October 2019 - Gard announced today that Christian Pritchard-Davies has been appointed Chief Financial Officer, effective from 1 January 2020. He is currently Vice President - Head of Infrastructure & Operations at Gard.

3 October 2019 - Gard will be hosting a two-day conference on 17/18 October 2019 focusing on cargo fires on container vessels. Key stakeholders from across the industry, representing container ship operators, charterers, flag states, classification societies, insurance companies, salvors, fire experts and maritime organisations, will meet at Gard’s headquarters in Arendal, Norway to discuss prevention and mitigation of such fires. 

Rolf Thore Roppestad, CEO of Gard, today participated in the launch of the Sustainable Ocean Principles at the United Nations in New York. The UN Global Compact’s Platform for Sustainable Ocean Business has, in consultation with more than 300 stakeholders worldwide, developed the Principles in order to emphasise the responsibility of business to take the necessary actions to secure a healthy and productive ocean.

15 May 2019 - Results impacted by a few severe claims and IT write-off.

20 February 2019 - With the closing of the 2019 P&I renewal on 20 February, Gard today announced that its net tonnage had increased by over 7 million in the last 12 months, with total owners’ mutual now in excess of 214 million GT. 99% of existing tonnage stayed with Gard.

1 November 2018  Gard group reports a result after tax of USD 27 million, with a combined ratio net of 78 per cent and no general increase for the 2019 policy year.

11 September 2018 -Gard announced the 2018 winner of the Claes Isacson Scholarship following its Annual General Meeting in Arendal on Friday, 7 September. The Scholarship winner for this year is Robert Michael Veal from the United Kingdom. He is a PhD student at the University of Southampton, specialising in the legal issues arising from the use of marine autonomous systems.

21 June 2018 -Gard announced that Morten W. Høegh chairman of Höegh LNG has been elected Chairman of the Board of Gard P. & I. (Bermuda) Ltd., with effect from today. He takes over from Bengt Hermelin who has held the position since 2013. Gard is also pleased to announce that Michael Lykiardopulo of Neda Maritime Agency Co. Ltd. has been elected as the new Deputy Chairman.

4 JUNE 2018 Gard has been invited to join the UN Global Compact’s Business Action Platform for the Ocean, a cooperation between business, governments, academia and NGOs. It will explore commercially attractive and viable solutions, suggest industry standards and establish guidelines and best practices to ensure the sustainable use and management of the ocean.

In Japanese - 好調な業績で保険料減額を実現

Steady underwriting & first-class investment results means 20% fall in mutual premiums.