EXAMPLE PAGE - ANNUAL REPORT - THE SWEDISH CLUB - Flipbook - Sida 13
CHAIRMAN'S REPORT
rally not experienced before, and most owners and
operators are looking back on a phenomenal 2021. Crude
oil shippers had a tough time while product tankers have
had both ups and downs.
Keeping the balance
Turning to the 12.5 per cent general increase announced
by the Club, Simonsson points out that this has followed
several years of zero or low increases during tough times
for members and when the Club had the financial power
to take that decision. However, long-term the combined
ratio should be around 100 per cent and the general
increase for the future will depend on the outcome of
claims, he said. “It is very simple – that is how it works,
and it is the same for all insurance companies.”
“We have found many
ways of doing things
differently and better,
and I hope this will
continue after the
pandemic.”
Staying close to members
The Swedish Club will continue to give feedback to its
members to add value to their business, Simonsson
emphasises.
The past two years have been all about adapting to the
situation and finding new ways to work together.
“We have become more sophisticated in our
communication with members, and this digital approach
has enabled us to use our time productively. However, we
have all missed meeting face to face, and we sincerely
hope that in 2022, as the Club celebrates its 150th
anniversary, we will all enjoy many more such sociable
events.”
“The past two years
have been all about
adapting to the
situation and
finding new
ways to
work
together.”
THE SWEDISH CLUB ANNUAL REPORT 2021
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