Swedish ratings

The Swedish Club has reported that, once again, S&P Global Ratings has affirmed its A- rating for the Club. In making its decision, the ratings agency pointed to The Swedish Club’s resilient capital position in a volatile year. It also commented on the Club’s disciplined underwriting and risk control, supporting the Club’s controlled underwriting results. The Swedish Club has demonstrated a combined ratio of 98 per cent across a seven-year average, positioning it ahead of its peers. This news comes alongside AM Best again awarding The Swedish Club a financial strength rating of A- (excellent) and a long-term issuer credit rating of “a-”, with a stable outlook.