TSC Annual Report 2024 final - Flipbook - Page 28
Managing Director
Report
Embracing
the future
Our teams
Ludvig Nyhlén
Area Manager for Team Greece
Tore Forsmo
Area Manager for Team Norway
Lars Malm
Area Manager for Team Hong Kong
Greece
Norway
Hong Kong
2024 saw a great deal of
progress from Team Greece.
We were focused on building
the quality of our portfolio while
ensuring its premium adequacy.
Simultaneously, we have
maintained consistent growth
in our membership throughout
the region. Team Greece has
been strengthened through the
appointment of a number of
highly experienced and quali昀椀ed
insurance professionals who will
ensure that we can safeguard our
top-of-the-line service level in all
functions locally. Today the team
stands at 25 people strong and is
still growing.
28 The Swedish Club | Annual Report 2024
Team Norway had a high-quality
growth strategy for 2024 and
we are pleased to say that
this proved to be successful
with a combination of good
underwriting results and a very
benign claims development. The
team is continuing to develop
its portfolio in accordance
with the plan approved in the
previous 昀椀nancial year and a
strategic approach to KPIs which
underpinned its implementation.
We still see the potential for
growth on the builders’ risk side
of the business while the energy
segment continues to have a less
positive outlook due to oil price
fluctuations and global political
uncertainty.
Throughout the year 2024, Team
Hong Kong has been focusing on
the regulatory and compliance
related aspects of our operations
in the region. Today we can
con昀椀dently state that we have
very solid processes and routines
in place and the organisation
has the relevant competence to
support our work going forward.
Our of昀椀ce also underwent a
major make-over and we are now
stationed in a modern and userfriendly space that enhances
work satisfaction. In addition, we
have been working continuously
to re昀椀ne the quality of our
portfolio of business and have
engaged in a couple of signi昀椀cant
structured cooperations which
we believe will add more highquality tonnage on the P&I side
going forward.
