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Maritime Risk International

Swedish Club rates up

The board of The Swedish Club has agreed a 5 per cent general increase for P&I and a 5 per cent general increase for FD&D for the 2026/2027 policy year. The decision reflects the Club's continued focus on financial resilience and delivering sustainable growth for its members. Year-to-date claims trends are encouraging, with lower frequency and benign large-loss experience, but the average cost per claim remains elevated and the overall operating environment uncertain, reinforcing the importance of maintaining premium adequacy. Managing director Thomas Nordberg said: "The Club's solvency ratio remains well above requirements, providing the stability needed to support our members."

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