North provides excellent financial security and is “A” rated with a stable outlook by the international financial rating agency Standard and Poor's.
The Club's financial strength is a result of its strict adherence to five key financial principles:
- Prudent and cautious underwriting
- Careful and conservative claims management and reserving
- Low risk investment strategy
- Comprehensive and highly secure reinsurance
- Close monitoring of management expenses
Click here for the Management Report 2009.
