PILOT° by Latitude Brokers

Historical Data

Gard P&I
S&P rating A+. Club Manager: Gard AS. Operational HQ: Arendal. Asian Offices: Hong Kong, Singapore, Imabari and Tokyo
COMPARE CLUB DATA
2017-18 2018-19 2019-20 2020-21 2021-22
General Increase on ETC 0.00 0.00 0.00 0.00 0.00
Percentage called of ETC 80.00 90.00 95.00 90.00 95.00
Release calls latest estimate 0.00 0.00 5.00 5.00 10.00
Owned GT (Millions) 216.6 223.3 229.5 244.7 261.4
Chartered GT (Millions) 90.0 85.0 85.0 95.0 95.0
Combined GT (Millions) 306.6 308.3 314.5 339.7 365.4
Total Call Income (US$ Millions) 464.4 482.6 498.0 463.7 n/a
Free Reserves (US$ Millions) 1249.0 1158.8 1179.2 1262.9 n/a
Combined Ratio 107.63 138.83 117.60 130.62 n/a
Investment Yield 5.54 -0.06 4.63 3.81 n/a

NOTES

Call Structure: From 2019 Policy Year, Gard will refer to Estimated Total Call (ETC) instead of Premium Rating, and Last Installment instead of Deferred Call, as per Circular 13/2018 dated November 2018.

Since Nov 2020, ETC premium invoiced in 3 equal instalments with Owners’ General Discount applicable for the upcoming following policy year, as per Circular 12/2020 11 dated November 2020

 

Key Development Statistics
PY 2020-21 Tonnage
As per Policy Year 2020-21
Owned GT (Millions) 244.7
Market Share of Owned GT 18.36%
Chartered GT (Millions) 95.0
Combined GT (Millions) 339.7
Free Reserves (US$ Millions) 1262.9
Total Call Income (US$ Millions) 463.7
Free Reserves per Combined GT (US$) 3.7
Total Call Income per Combined GT (US$) 1.37
Free Reserves to Total Call Income Ratio 272%
Current 5-year average combined ratio 117%
Current 5-year average investment yield 3.79%
Last Unbudgeted Call 1991
Last Return of Call 2021
 
Europe59.00%
Asia Pacific28.00%
Americas11.00%
Rest of the World2.00%
 
Bulkers35.00%
Containers / General Cargo17.00%
Offshore8.00%
Passengers3.00%
Tankers / Gas Carriers37.00%
Others0.00%
 
% of Owned GT72.03%
% of Chartered GT27.97%
COMPARE CLUB DATA

This is a unique website which will require a more modern browser to work!

Please upgrade today!