The Swedish Club Announces General Increase for 2023
In recognition of the need to maintain a balanced approach, the Board of The Swedish Club has made the decision to set a 10% P&I General Increase for 2023.
The FD&D General Increase has been set at 15%.
Speaking at last week’s board meeting, Managing Director of The Swedish Club, Lars Rhodin, said: “It is essential for the long-term stability of the Club that premiums remain in line with exposures. The current geopolitical environment, coupled with a slow post-COVID recovery, has left the world facing levels of inflation that have not been experienced for many years. We are seeing this trend reflected in claims inflation, and it is essential for our members that we continue to offer stable performance and stable underwriting for which we are known.”
The Swedish Club continues to develop quality business, with high levels of member retention and selective growth across all sectors.
Photo: Lars Rhodin, Managing Director of The Swedish Club
Once in a lifetime opportunity for new head of The Swedish Club’s Piraeus office
As the world slowly recovers from the restrictions of the Coronavirus pandemic and begins to look ahead, The Swedish Club is delighted to announce the appointment of a new Area Manager to take its Team Piraeus office into the future.
Ludvig Nyhlén joins Team Piraeus from the Club’s head office in Gothenburg, having spent the last ten years in various roles within The Swedish Club, gaining a solid grounding in marine insurance. He made up part of the team that established the Norway office, and is looking forward to the challenges that heading Team Piraeus will bring.
“This is a once in a lifetime opportunity,” says Nyhlén. “We have the chance to start afresh, to work and develop together with our members and learn from the last 18 months. I am very much looking forward to meeting both members and business partners face to face and being able to build upon the relationships that the Club has established over the years. The Swedish Club is emerging from the pandemic in as good a shape as it has ever been – and this is a unique opportunity to become even better.”
Last year The Swedish Club celebrated the 40th anniversary of its operation in Greece, and Ludvig Nyhlén is keen to join such an experienced and high-quality team. “The Greek shipping market is very special to The Swedish Club,” he says. “It’s striking how big the industry is in practice – the whole community is involved. The taxi drivers, the hotels – everyone knows shipping. I know I have a great deal to learn, and what better place to do it than in Piraeus.”
Ludvig Nyhlén replaces Hans Filipsson, who has stepped down after eight years at the helm to take up an advisory role.
His appointment was welcomed by Lars Rhodin, who says: “Ludvig Nyhlén will prove a great asset to Team Piraeus. He brings with him enthusiasm, a solid understanding of the shipping market as a whole, and a strong commitment to serving the needs of the shipping community in Greece. We would like to thank Hans Filipsson for ably leading the team through the unprecedented challenges of the last 18 months and are delighted that the Club can still benefit from his expertise.”
The Swedish Club Celebrates 40 Years in Greece
The Swedish Club is celebrating a landmark event in its history, with the 40th anniversary of its first international office, established in Piraeus, Greece in 1980.
The full-service office is now home to 18 employees with expertise in P&I, Marine and FD&D, and serving the needs of the markets in Greece, Italy and the Middle East. This contrasts with forty years ago however, when the brand-new office was manned by a team of three.
Lars Rhodin, Managing Director of The Swedish Club says: “This important anniversary has provided a beacon of light in what has been a very challenging year for all of us. As the first step in the Club’s strategy of becoming a more international business, Greece has always been very close to the heart of the Club.
“Of course, Greece is the biggest shipping market in the world, but more importantly The Swedish Club has an affinity with the Greek way of doing business. Long-term relationships and trust are very important for those in the Greek shipping sector, and these too are the cornerstones of our own business approach.”
Hans Filipsson Area Manager, Team Piraeus
The Swedish Club has seen steady and sustainable growth in its Greek membership over the years and has maintained close links with Greek shipowners for much of its recent history. These close links are further strengthened by five members of the Greek shipping community having seats on the Board.
Hans Filipsson, Area Manager, Team Piraeus says: “I would like to extend my personal congratulations on this very special anniversary to all members and business colleagues served by Team Piraeus. We may not have been able to celebrate in 2020 as we had hoped, but we are looking forward to once again enjoying the personal contacts we so value as we move further into 2021.”