Soon to be
NorthStandard
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 February 2021
Astrong
S&P capital strength$360m
Free reserves$293m
Calls and premiums149mgt
Tonnage121%
Combined ratio4.7%
Investment return1.61
Claims cover ratio