Gard falls to $27mn H1 loss on elevated pool and Covid-19 claims
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Gard falls to $27mn H1 loss on elevated pool and Covid-19 claims

Samuel Casey
09 November 2021
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P&I club Gard reported a post-tax loss of $27mn in the first half of the 2021 financial year on an estimated total call basis as the trend of large pool claims continued to hit the bottom line.

In addition, Covid-19-related crew claims and pandemic-driven cost increases in hull, loss of hire and P&I casualty impacted performance.

The

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Samuel Casey
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