Marine insurer Skuld reports 95% COR but flat bottom line for 2015
Oslo-based Skuld has seen an improvement in its combined operating ratio to 95% (2014: 99%) but reported a flat bottom line result of $13m for 2015 (2014: $13.5m or £9.3m).
In its 2015 full year results, the marine insurer also reported gross earned premium of $410m (2014: $411m), a technical result of $22m and a bottom line figure of $13m.
Members of the mutual saw a 28
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