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Norwegian Hull plans 8% premium return for 2023

Norwegian Hull Club has proposed an 8% return on premium, equal to $14.1m, in its Annual Report 2023, which was published on Friday March 22nd. This Club’s AGM will be held on June 11th 2024. Assuming approval by the Club Committee, the premium returns will be paid as quickly and efficiently as possible after that date.

In his Review of 2023, Norwegian Hull Club CEO Hans Christian Seim described the year as ‘eventful and successful’. He noted that the Club had established a third wholly owned subsidiary – offshore renewables insurance specialist NIORD – plus an ambitious core-system development project for software subsidiary Instech Solutions.

Return Premium – practical information

https://www.norclub.com/insights/the-club-announces-proposed-8-per-cent-premium-return-for-2023