The carriage of Russian oil and petroleum products to third countries

27.09.22

We have seen an increase in enquiries and contractual disputes concerning the carriage of Russian export and/or origin crude oil and petroleum products, as set out in Annex XXV of the EU Regulation 833/2014, to third countries.

Gard joins the Maritime Anti-Corruption Network

cargo_vessel.jpg
30.08.22

Gard is pleased to announce that it is joining the Maritime Anti-Corruption Network (MACN), a network of more than 170 global companies working together to combat corruption in the maritime industry.

Join Gard at Arendalsuka 2022

ArendalPollen.jpg
03.08.22

The yearly event week Arendalsuka is kicking off 15-19 August in Arendal, Norway. Gard will be hosting six events this year.

Update from the CEO

CEO_Update_Jun2022_b.jpg
30.06.22

At the halfway point of the year, 2022 has proved to be every bit as challenging and turbulent as the last two years. We know that our Members and clients are severely hit by war and unrest. In addition comes the continued logistical challenges, crewing shortages, inflation and rising energy costs – a perfect storm of economic turbulence.

 

“A great way to start a maritime career”

Picture1.jpg
24.06.22

Gard sponsors a variety of education and training programs opening up doors to a career in the maritime industry. The ‘Gard cadetship’ is one of them.

Father and son learn about floating offshore wind

IMG_5402.jpg
21.06.22

Every June, Norwegian students follow a family member to work, getting a sneak peek into a possible future career.  In preparation for this week of work experience, students have the opportunity to "shadow" their parents during a day at work some 12 months earlier. For William Århus Fosen (age 13), he joined his father in Gard – learning about marine insurance, loss prevention - and the future of offshore wind.

Winners of the 2022 Claes Isacson Scholarship

CI_2022_web.jpg
03.06.22

Gard today announced that Natalia Calderon and Elizabeth Joseph are this year’s winners of the Claes Isacson Scholarship.

Gard announces new Chief Operating Officer and General Counsel

COO_LegalCounsel_May2022.jpg
13.05.22

Gard today announced that Lars Lislegard-Bækken is appointed Gard’s new Chief Operating Officer (COO) with Ingvild Høgenes Nilsen taking over as General Counsel.

Strong results in Gard’s first integrated annual report

11.05.22

For the first time, Gard is presenting an integrated annual report outlining its performance for the last financial year against a broad set of parameters, not only financial ones. By looking holistically at all its activities, Gard can measure the value it creates both for its Members and clients and for society at large.  

The Poseidon Principles for Marine Insurance enter into force

Launch of the Poseidon Principles for Marine Insurance
04.05.22

The Poseidon Principles for Marine Insurance are now entering into force, with AXA XL and Navium Marine joining as Signatories. At the recent founding meeting of the PPMI, Gard CEO Rolf Thore Roppestad was elected Vice Chair of the PPMI Association.

S&P affirms Gard’s A+ rating and revises outlook to stable

24.03.22

A much-improved underwriting result in the second half of the year has allowed Gard to beat earnings expectations, according to Standard & Poor’s.

New correspondents

Correspondents_Thessaloniki_Willemstad.jpg
21.02.22

New correspondents have been appointed for P&I in Thessaloniki, Greece and for Hull in Willemstad, Curaçao with effect from 20 February 2022.

Record renewal and sustainable growth at Gard

RolfThoreRopstad_FotoMonaHauglid-5591.JPG
21.02.22

Gard today announced a record P&I renewal for 2022. Over the last 12 months, 14 million GT have been added, of which almost 80 percent – 11.1 million tonnes, came through at the renewal date. 99.6% of existing tonnage stayed with Gard, bringing the owners’ mutual tonnage to a total of 260 million GT

Gard Rules 2022 now available

Rules2022_cover_clean.jpg
09.02.22

The Rules for the 2022 policy year contain some alterations to the Rules which applied for the 2021 policy year. Further details of the alterations can be found in our Circular number 10/2021: Amendments to Rules 2022.

You can now apply for the Claes Isacson Scholarship 2022

CI_Scholarship2022.jpg
18.01.22

Students can now apply for the Claes Isacson Scholarship with a deadline of 1 April 2022. The scholarship, founded and funded by Gard, helps young people finance a maritime education at university level, with a view to finding work in the shipping and marine insurance sector.

The International Group Pooling and GXL Reinsurance contract structure for 2022 has now been finalised

21.12.21

Given the hardening market conditions and the well-publicised deterioration in the Group’s claims record with its reinsurance partners, the Group has agreed to pay an increase in premiums to the markets to renew its 2022 reinsurance programme.

Making progress in challenging times

CEO_Update_Dec2021.jpg
20.12.21

‘By perseverance, everything reaches its target,’ the saying goes. Yet another year is soon behind us, and Covid continues to challenge our patience and perseverance. Many of us probably thought we would be back to a more ‘normal’ situation by now, but unfortunately it seems we will have to persevere a while longer.