Combined Ratio – Half Year 2021

 

The Club has reported a combined ratio of 100.9% which was slightly higher than budgeted, as it continues to see a high level of claims to the International Group Pool and arising from COVID-19. The financial markets performed remarkably well during the first six months of 2021 and the Club is pleased to report a 2.9% increase in its investment portfolio which helped to deliver a US$ 15m surplus for the period.