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Skuld's profit grew 67 percent in 1st half of 2014

Cash reserves are at a record-high at marine insurance company Skuld after a strong 2nd quarter interim report. The results "illustrate the success of our long-term strategy for growth and diversification," says CEO Douglas Jacobsohn.
BY MAZ PLECHINGER

Fortune favored P&I club Skuld in the first half of the year, as the company achieved a USD 20 million profit - a USD 8 million, or 67 percent, increase compared to last year, according to the company's 2nd quarter interim report, published Friday.

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