Swedish results

The Swedish Club has announced a positive first half of the year, with an insurance and investment portfolio that reinforces the organisation's financial strength. Encouraging developments during the first six months of 2024, in terms of insurance results and investment contributions, have delivered an uplift to the Club's free reserves. They now stand at US$198 million, up 16 per cent from $166 million year-on-year. The results are underpinned by solid performance from the Club's underwriting activities alongside valuable contributions from investments. The results are partly attributed to the enhanced focus on risk and portfolio management, together with structured efforts to boost operational efficiency across all parts of the Club's global organisation.