Skuld's 2014 bottom line result drops 53%
Norwegian marine insurer Skuld has reported a bottom line result of $13.5m (£8.5m) for the 2014 financial year; a decrease on its 2013 result of $29m.
At the end of the 2014 year, Skuld's contingency reserves were $348m. Gross earned premium for the year was $411m which was an 8.4% increase on P&I and commercial businesses combined. The combined
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