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SKULD merger plans prompt S&P rating probe

Standard & Poor's Ratings Services (S&P) has revised its outlook to stable from positive on Norway-based marine mutual insurer Assuranceforeningen SKULD (Gjensidig), and affirmed its 'BBB+' long-term counterparty credit and insurer financial strength ratings on the club.

At the same time, S&P affirmed its 'BBB' long-term counterparty credit and insurer financial strength ratings on Sweden-based marine mutual insurer Sveriges Angfartygs Assurans Forening (The Swedish

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