632
Gross written premium
1641
Equity
102
Result
117%
Combined ratio net*
Figures in USD million - as at 30 June 2025
Standard & Poor's Ratings
Standard & Poor's considers Gard has the strongest competitive position among its peers in the marine insurance market. This stems from its preeminent position within the IG, its history of delivering sound capital and earnings, and its diversified marine offering.
Standard & Poor's Ratings Direct report, March 2024
Standard & Poor's Financial Services LLC, provides independent financial information, analytical services, and credit rating to the world's financial markets.
Gard Marine & Energy Limited provides a parent company guarantee to Gard Marine & Energy Insurance (Europe) AS. This assurance covers all payment responsibilities related to insurance agreements by Gard Marine & Energy Insurance (Europe) AS. The commitment is unwavering and ongoing. It's binding for Gard Marine & Energy Limited, including its future entities, as the guarantor. People who hold insurance agreements by Gard Marine & Energy Insurance (Europe) AS benefit from this promise as third-party beneficiaries. Gard Marine & Energy Limited's obligations as the guarantor align equally with its other financial commitments.