The club has reserves of $113m at as at 31 December 2021.

You can download our latest report and accounts from our publications page.

Financials for the 2021 Policy Year

A defecit of $4.6 million for the year to 31 December 2021 meant that free reserves at the year-end stood at $113m (2020, $117m).


Our primary investment objectives are the conservation and accumulation of capital to cover future obligations and to support the business. The portfolio is invested in US dollar bonds, cash, equities and absolute return funds.

The overall return for the year ended 31 December 2021 was $7.3m.

Ask the experts

If you have any queries about war risks insurance, call us on +44 (0)1624 645 210 or e-mail ( the team.

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