Club Finances
Management Highlights 2011 - Highlights- Free reserves rise to US$ 303.3 million
- Three year average combined ratio improves to 91.3%
- Total entered tonnage rises to approximately 92 million GT
- Worsening of attritional claims offset by decrease in large losses
- Combined gain on investments of US$ 32.98 million
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- The Steamship Mutual Underwriting Assocaition (Bermuda) Limited, The Steamship Mutual Underwriting Association Limited and The Steamship Mutual Trust
- Report of Directors
- Policy Year Statements
- Consolidated Financial Statements
- Notes on the Accounts
- Report of the Independent Auditors
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- Overview
- Underwriting and Reinsurance
- Claims
- Investments
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Financial Strength Ratings
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