At their meeting on 5th November, the Board reviewed the latest Class 1 and Class 2 performance together with the Club’s mid-year financial position and agreed the approach to renewals for the 2025/2026 Policy Year.
At the half year stage, the Club reported a Combined Ratio of 99.6%, with an underwriting surplus of US$ 0.6m, compared with 95.8% and US$ 5.4m at the same stage of the prior year.
Gard presented today its half-year results for 2025, highlighting a robust financial performance supported by strong investment returns and ongoing financial resilience amid a more challenging claims environment.
On 18 July 2025, the EU adopted the 18th sanctions package against Russia. These measures can be found in Regulation (EU) 2025/1476 amending Regulation (EU) 833/2014 and Regulation (EU) 2025/1476 amending Regulation (EU) 269/2014.
The US Federal Maritime Commission (FMC) has initiated a non-adjudicatory investigation to examine whether foreign vessel flagging laws, regulations, or practices—including so-called “flags of convenience”—are creating unfavorable conditions for the foreign trade of the United…
