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Skuld Syndicate 1897

Sep

2019

Skuld again reports positive half-year results

Posted on 6th September 2019 by Gavin Warren and has No comment

Leading marine insurance provider Skuld today announces a positive result for the first six months of the 2019/20 policy year. Bottom-line net income was USD 2 million, compared with USD 14 million at the half-year of 2018/19. The result arises mainly from investment income and Skuld’s […]

May

2019

Skuld reports 16th year of positive underwriting results

Posted on 10th May 2019 by Mazin Shammas and has No comment

Skuld, a leading marine insurance provider, today announces a positive bottom line result of USD 11 million (USD 58 million in 2017) for its 2018 financial year ending 20 February 2019, and a total combined ratio of 98%. Gross earned premium in 2018 amounted to USD […]

Mar

2019

Skuld appoints chief legal officer to join the executive management team

Posted on 11th March 2019 by Mazin Shammas and has No comment

Skuld, a leading marine insurance provider, today announces that Hilde Søbstad Løvskar has been appointed chief legal officer (CLO). Løvskar now heads the corporate legal department and joins Skuld’s executive management team. Løvskar started in Skuld as an intern in June 2009. She became a maritime […]

Feb

2019

Global growth spurs strong 2019 P&I renewals for Skuld

Posted on 25th February 2019 by Mazin Shammas and has No comment

Skuld, a leading marine insurance provider, today announces a positive outcome from renewals with a 4.3% net increase in mutual P&I gross tonnage year-on-year from 2018 to 2019, including committed tonnage for delivery throughout 2019. Completing on 20 February 2019, Skuld’s committed mutual P&I tonnage now […]

Sep

2018

Skuld reports positive 2018 half-year result

Posted on 7th September 2018 by Mazin Shammas and has No comment

Skuld, a leading marine insurance provider, today announces a positive result for the first six months of the 2018/19 policy year. Skuld reports a bottom-line result of USD 14 million compared with USD 8 million at the half year in 2017. The result is mainly derived […]

May

2018

15 consecutive years of positive underwriting results as Skuld launches members’ performance bonus

Posted on 11th May 2018 by Mazin Shammas and has No comment

Skuld, a leading marine insurance provider, today announces a positive bottom line result of USD 58 million (USD 51 million in 2016 before members’ credit) for its 2017 financial year ending 20 February 2018, as well as a total combined ratio of 97%. Gross earned premium […]

Feb

2018

Skuld continues growth in 2018 P&I renewals

Posted on 26th February 2018 by Gavin Warren and has No comment

Skuld, a leading marine insurance provider, today announces a positive outcome from renewals, with a 9.4% net increase in mutual P&I gross tonnage from 2017 to 2018, including committed tonnage for delivery throughout 2018. Following the renewals, which were completed on 20 February 2018, Skuld’s mutual […]

Dec

2017

Skuld reports positive nine-month result of USD 27 million

Posted on 15th December 2017 by Gavin Warren and has No comment

Skuld, a leading marine insurance provider, ended the first nine months of the 2017/18 reporting year (as at 20 November) with a positive bottom-line result of USD 27 million (up 68.7%, from USD 16 million year-on-year) with the contingency reserve standing at a record high of […]

Nov

2017

Skuld announces retirement of Claes Lindh

Posted on 20th November 2017 by Gavin Warren and has No comment

Skuld, a leading marine insurance provider, today announces the semi-retirement of Claes Lindh, a member of Skuld’s executive management team and a well-known and popular figure in the industry, who has decided to stand down after more than 10 years at the company. Lindh steps down […]

Sep

2017

Skuld reports positive half-year result

Posted on 8th September 2017 by Gavin Warren and has No comment

Skuld, a leading marine insurance provider, today announces a positive bottom-line result of USD 8 million for the six months ending 20 August 2017, compared with USD 29 million at the half year in 2016. The period has been marked by a small number of substantial […]

Jul

2017

Skuld continues promotions in Oslo

Posted on 5th July 2017 by Gavin Warren and has No comment

Skuld, a leading marine insurance provider, today announces the appointment of Simone Ingeberg as the new head of Skuld Oslo 1, the larger of its two Oslo business units and the centre of excellence for its charterers business. Ingeberg takes up her role with immediate effect. […]

Jun

2017

Skuld announces new leadership for Oslo business unit

Posted on 30th June 2017 by Gavin Warren and has No comment

Skuld, a leading marine insurance provider, today announces Kristoffer Kohmann as the new head of Skuld Oslo 2, one of its Oslo business units. Kohmann will succeed Ketil Urdal who, after 16 years with Skuld and a career spanning 20 years in the industry, has decided […]

May

2017

Historically strong result as Skuld celebrates 120th anniversary

Posted on 12th May 2017 by Gavin Warren and has No comment

Skuld, a leading marine insurance provider, today announces a total combined ratio of 98%, as well as a positive bottom line result of USD 51 million (USD 18 million in 2015 before members’ credit) for its 2016 financial year ending 20 February 2017. Gross earned premium […]

Feb

2017

Skuld announces 11% growth in 2017 P&I renewals

Posted on 27th February 2017 by Gavin Warren and has No comment

Skuld, a leading marine insurance provider, today announces a positive outcome from renewals, with an 11% increase in mutual P&I gross tonnage year-on-year from 2016 to 2017, net of de-selections and lost business. Following the renewals, which were completed on 20 February, Skuld’s mutual P&I tonnage […]

Feb

2017

Change of leadership at Skuld Copenhagen

Posted on 24th February 2017 by Gavin Warren and has No comment

Skuld, a leading marine insurance provider, is pleased to announce the appointment of Krester Krøger Kjær as head of Skuld Copenhagen. Krøger Kjær succeeds Helle Lehmann who, after eight years in the role, has decided to step down and pursue new opportunities. Until this appointment on […]

Jan

2017

Skuld strengthens marine cargo and marine property division

Posted on 19th January 2017 by Gavin Warren and has No comment

Skuld, a leading marine insurance provider, today announces the appointment of Paul Knighton as global head of marine cargo and marine property. He will join Skuld Syndicate 1897 in the summer. Knighton will enhance Skuld’s well-established marine cargo and marine property portfolio by building its offering […]

Dec

2016

Agora completes senior team

Posted on 2nd December 2016 by Gavin Warren and has No comment

Skuld is pleased to announce the completion of the senior team at Agora, the special purpose arrangement (SPA) of Skuld Syndicate 1897 specialising in the property D&F and treaty markets. The SPA started trading in January 2016. Agora, led by Mike Pritchard, has quickly established itself […]