Gard’s ‘stellar’ marine, energy result due to ‘extraordinary’ year: Roppestad

20 March 2023

Gard’s best underwriting results in 15 years was driven by the “extraordinary” lack of large losses in its commercial marine and energy business last year, according to CEO Rolf Thore Roppestad.

The executive welcomed a “very strong” performance in the marine and energy unit in 2022, after the carrier reported a combined ratio of 66%.

“I

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