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The Swedish Club announces higher premiums for marine insurance

Swedish mutual marine insurance company The Swedish Club plans to raise premiums by 12.5 percent on account of "unique challenges" currently facing the market for mutual marine insurance, the company reports.
Lars Rhodin, Managing Director, The Swedish Club. | Photo: The Swedish Club
Lars Rhodin, Managing Director, The Swedish Club. | Photo: The Swedish Club
by JENS THOMSEN

The Covid-19 pandemic and other challenges are putting a strain on the finances of Swedish mutual marine insurance company The Swedish Club this year, leading the company to announce premium increases of 12.5 percent, according to a press release.

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