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Skuld's bottom line cut in half in 2014

Marine insurer Skuld's result was more than halved from 2013 to 2014. Management is pleased with the result for a challenging year with more major claims, says the company in the financial report.

Photo: Skuld
BY LOUISE VOGDRUP-SCHMIDT
Published:

Major Norwegian marine insurer Skuld experienced a declining result from 2013 to 2014, where the bottom line was cut by more than half. The result came to USD 13.5 million in 2014, down from USD 29 million in 2013.

Management is pleased with the result in spite of the setback.

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