PILOT°
by Latitude Brokers
Historical Data
Swedish Club
S&P rating BBB+ (Oct 2022) / AM Best rating A-. Club Manager: Self-managed. Operational HQ: Gothenburg. Asian Offices: Hong Kong, Singapore and Tokyo
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|
2017-18 |
2018-19 |
2019-20 |
2020-21 |
2021-22 |
General Increase on ETC |
0.00 |
0.00 |
0.00 |
5.00 |
5.00 |
Percentage called of ETC |
96.00 |
95.00 |
100.00 |
100.00 |
100.00 |
Release calls latest estimate |
0.0 |
0.00 |
0.00 |
15.00 |
15.00 |
Owned GT (Millions) |
46.8 |
51.1 |
48.3 |
51.0 |
58.9 |
Chartered GT (Millions) |
18.8 |
18.0 |
24.0 |
35.7 |
29.0 |
Combined GT (Millions) |
65.6 |
69.1 |
72.3 |
86.7 |
87.9 |
Total Call Income (US$ Millions) |
95.4 |
90.5 |
94.1 |
94.6 |
105.7 |
Free Reserves (US$ Millions) |
211.4 |
203.5 |
222.1 |
222.5 |
186.9 |
Combined Ratio |
118.63 |
121.45 |
124.96 |
132.23 |
164.46 |
Investment Yield |
5.15 |
-0.96 |
6.21 |
4.87 |
2.68 |
NOTES
Call Structure: 100% Estimated Total Calls (ETC)
Key Development Statistics
PY 2021-22 Tonnage
As per Policy Year 2021-22
Owned GT (Millions) |
58.9 |
Market Share of Owned GT |
4.27% |
Chartered GT (Millions) |
28 |
Combined GT (Millions) |
87.9 |
Free Reserves (US$ Millions) |
186.9 |
Total Call Income (US$ Millions) |
105.7 |
Free Reserves per Combined GT (US$) |
2.1 |
Total Call Income per Combined GT (US$) |
0.2 |
Free Reserves to Total Call Income Ratio |
176% |
Current 5-year average combined ratio |
132% |
Current 5-year average investment yield |
3.59% |
Last Unbudgeted Call |
2008 |
Last Return of Call |
2019 |
Europe | 49.00% |
---|
Asia Pacific | 51.00% |
---|
Americas | 0.00% |
---|
Rest of the World | 0.00% |
Bulkers | 44.00% |
---|
Containers / General Cargo | 31.00% |
---|
Offshore | 0.00% |
---|
Passengers | 2.00% |
---|
Tankers / Gas Carriers | 19.00% |
---|
Others | 4.00% |
% of Owned GT | 67.01% |
---|
% of Chartered GT | 32.99% |
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