S&P also highlighted Gard’s “strong service reputation, close relationship with members, below-average general increases and track record of sound capital and earnings generation – which enables it to return premium to members”. In sum, Gard is less exposed to volatility than our peers in the marine insurance market, according to S&P.
“Our financial strength underpins everything we do” said Gard CFO Christian Pritchard-Davies. “It means that we can provide our Member and clients with competitive and predictable premiums, and all the necessary support when something goes wrong.”
Read more here: Gard P.&I. (Bermuda) Ltd. 'A+' Ratings Affirmed F | S&P Global Ratings (spglobal.com)
