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Gard achieves revenue of over USD 1bn for the first time ever

The world’s largest marine insurer, Norwegian Gard, reports its largest revenue figure on record in a challenging year heavily impacted by large claims and challenges related to the coronavirus pandemic.

Photo: Mona Hauglid

Marine insurer Gard reports revenue of USD 1.036bn – the highest on record – according to its financial report. However, the CEO does not hide the fact that the year has been greatly impacted by major claims and issues following the pandemic.

Gard’s net result for the year ended with USD 34m on the bottom line.

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