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International Insurance Sweden

X-Press Pearl loss takes toll on Swedish Club

Gothenburg-based marine mutual’s interim report confirms total loss of feedership X-Press Pearl after fire off Sri Lanka and ongoing high incidence of pool claims will see a hit

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‘Underwriting outcome has been in excess of mean model expectation. Volatility has been experienced in both P&I and marine concurrently, resulting in a combined ratio of 132%,’ says International Group affiliate

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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