Company news

Gard recently signed up to the Poseidon Principles for Marine Insurance (PPMI). Here is a brief outline of what that means for our Members and clients.

Joining leading marine insurers in a landmark commitment to support shipping’s transition towards a decarbonised future.

Gard announced today that André Werner Kroneberg will be replacing Mark Russell as Managing Director of the Hong Kong office from 1 January 2022.

This year, we celebrate the 30th anniversary of the opening of the Japan branch of Assuranceforeningen Gard.

It is with great sadness we have received the news of the death of Leif Terje Løddesøl, a former Chairman of the Committee of Assuranceforeningen Gard – gjensidig, at the age of 86. 

For the first half of the 2021 financial year, the Gard group results have been negatively impacted by the continuing trend of large Pool claims, as well as COVID-19 related crew claims and pandemic-driven cost increases in hull, loss of hire and P&I casualty.

The Institute of Maritime Law and Gard are pleased to announce the establishment of the «IML Gard Fund», which was launched on 20 October in the presence of the Vice-Chancellor and President of the University of Southampton Professor Mark E. Smith, Mr Tim Howse, Vice President Industry Liaison, Gard, and Dr Alexandros X.M. Ntovas, Director of the Institute of Maritime Law.

A very strong financial risk profile combined with its market share means Gard will remain the dominant player in the P&I segment and a significant participant in the marine market more generally, according to S&P.

We have added a second correspondent for P&I matters in the Ukraine, with effect from 14 October 2021.

We have added a second correspondent for P&I and Hull & Machinery matters in the port of Jakarta in Indonesia.

Gard’s underwriting team in London handles a broad range of marine insurance products and has recently been further strengthened with additional strong market expertise.

The annual IUMI conference will take place online on 2 to 15 September. The theme of this year’s conference is ‘Pathways to a sustainable, resilient and innovative future’.

The International Group of P&I Clubs has produced an FAQ in order to answer a number of questions that are frequently asked about P&I Club cover relating to the vaccination of seafarers.

As we all look forward to a summer break, I am pleased to say that Gard has maintained its support of and services to our Members and clients, and continues to develop and future-proof our operations.

Our global Defence expertise is deep and extensive. It enables us to quickly focus on the issues that need to be addressed.

Gard today announced the winners of this year’s Claes Isacson Scholarship: Aybuke Naz Durmus (26) from Turkey, and Sebastian Kjærnli Aguirre (28) from Norway. ‘It is an honour to see that our work is being valued and appreciated,’ the winners told Gard.

The 2021 Annual General Meeting of Gard P. & I. (Bermuda) Ltd. will be held on Thursday, 1 July 2021 at the offices of its Manager, Lingard Limited, Trott & Duncan Building, 17A Brunswick Street, Hamilton HM 10, Bermuda at 12:00 noon or as soon thereafter as possible. 

Gard Marine & Energy company name impersonated and cloned and used in the promotion of fraudulent financial services.

Gard announces positive results in an exceptionally challenging year for everyone in the maritime industry.