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.

BY LOUISE VOGDRUP-SCHMIDT

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.

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Skuld's bottom line cut in half in 2014

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Skuld: Low oil price could lead to more accidents

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Front page now

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Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

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Analysis: Capesizes have become too expensive despite strong market

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