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Financial Strength
Our financial strength underpins everything we do. As a leading S&P ‘A’ rated member of the International Group of P&I Clubs:
- We keep our free reserves comfortably above regulatory requirements and S&P’s AAA capital level, ensuring resilience against market volatility.
- We consistently achieve high investment returns, which helps keep our pricing attractive.
- We have not had to make an unbudgeted supplementary call on our members for over two decades.
Financial highlights at July 2022
Astrong
S&P capital strength$310m
Free reserves$294m
Calls and premiums158mgt
Tonnage105%
Combined ratio-1.2%
Investment return1.57
Claims cover ratio