NHC returns premium to its members

Norwegian Hull Club's board of directors have suggested to pay back 5% of mutual earned premiumin 2010 following good underwriting results and free reserves in excess of capital targets.
Photo: Helge Skodvin

The strong result is partly due to the successful turnaround of the insurance portfolio over the past few years and the Club is grateful for good member support in this process.

Even though last year's result was also due to favorable external factors, the Club hopes to be able to return premium to its members more frequently than done in the past. More details regarding the annual result and member pay back will follow in the annual report.