Norwegian Hull Club has recently announced a 7.5% proposed premium return (USD 13.6 million) for the year 2022 will be presented for approval at the Club’s AGM on 13 June 2023. If confirmed, this will be the third consecutive year of sharing profit with its members, which has shown reasonable stability in its financial performance despite the decision of ceasing its P&I business in 2022. 

Premium returns in previous years:

2021 12% premium return (USD 14.2 million)

2020 12% premium return (USD 16.6 million)

2018 7.5% premium return (USD 5.7 million)

Full announcement is available on the Club’s website.