Norwegian Hull Club’s service concept is founded upon a comprehensive risk management framework and a strong capital base.

Standard & Poor’s Global Ratings (S&P) reaffirmed the 'A with stable outlook' rating of Norwegian Hull Club on 29 April, 2026.

"We expect Norwegian Hull Club will continue recording underwriting results in the top quartile of its marine insurance peers, with adjusted combined ratios (excluding the impact of premium returns) below 95% over 2026 and 2027," S&P states.

The report also states that: "The club holds a significant surplus of capital at our 99.99% benchmark, which we expect it to maintain over the next two years."

S&P’s public rating of Norwegian Hull Club is available here.

Integrity and high ethical standards

Norwegian Hull Club conducts its business and operations with the greatest integrity and to the highest ethical standards. These elements are embraced by the entire organization. Integrity is also one of the core values of the company.

The Club has a comprehensive risk management and internal control framework to systematically identify, assess, manage and communicate risks throughout the organisation.

Clients and business partners can trust that Norwegian Hull Club conducts its business with a high level of responsibility, respect, and transparency and in accordance with applicable laws, legislations and standards.

Responsible investments

Norwegian Hull Club is - and aims to remain - a responsible investor. Active corporate governance, international conventions, and integration of sustainability topics into asset management form the basis of responsible investments.

The foundation of Norwegian Hull Club’s investment philosophy is the conviction that strong corporate governance, combined with a focus on environmental and social issues, is instrumental for long-term profitability. The best investments over time are those made in well-managed companies that, in addition to strong business performance, apply a systematic and integrated approach to sustainability to protect and grow future cashflows. Such companies will also be best able to manage risk associated with environmental, social and governance (ESG) issues. Sustainability and ESG are, therefore, integral parts of the investment manager screening and selection process.

Norwegian Hull Club uses third-party asset managers for security selection, through funds and discretionary mandates. Responsible investment is a key consideration when selecting external asset managers. In general, asset managers continue to improve their abilities within the field of sustainable investments as clients and society increase expectations.

Norwegian Hull Club primarily seeks external asset managers that:

• Are signatories to UN Principles for responsible investments (Norms-based screening)
• Are transparent about ESG issues
• Apply a systematic and integrated approach to sustainability factors in their investment processes (ESG integration)
• Report on ESG
• Seek investments with positive ESG effects that do not require financial trade-off