Annual Review

Annual Review CoverThe Annual Review provides commentary on the Club's activities for each financial year to 20 February.

Our latest Annual is available to download below. 


  • AAA capital strength.
  • A (Stable) Rating for 14th consecutive year.
  • US$451m free reserves.
  • 2.87% investment return.
  • 99% membership retention rate.
  • 104% combined ratio.
  • 195 million GT total entered tonnage.

Annual Reviews are in PDF format. You will need Acrobat Reader to view these files.

Download North's Annual Review