The Swedish Club announced that its Board had approved a 5% General Increase for P&I and FD&D for the 2026/2027 policy year. The Club explained that the decision reflected its continued focus on financial resilience and premium adequacy. Year-to-date claims trends were described as encouraging, with lower frequency and benign large-loss experience, while the average cost per claim remained high and the operating environment remained uncertain.
Managing Director Thomas Nordberg said the Club was in a strong position, noting that disciplined management in recent years had delivered solid underwriting results and strengthened its financial foundation. He added that the solvency ratio stayed well above requirements, providing stability in supporting members.
Nordberg stated that the Club was entering the next stage of its strategy with optimism and purpose. He emphasised that its position was built on strong foundations, combining prudent management, innovation, and service excellence. He also highlighted the Club’s efforts to broaden its global reach, enhance digital capabilities, and develop new ways to deliver insight and value to members.
Members were being informed through a circular.
Nordberg concluded that the Club’s commitment to its members remained central and said that, with the support of the Board, staff, and membership, the organisation looked forward to continuing its steady and confident growth in the years ahead.
