Skuld's profit slashed 50 pct in first half of 2015
Norwegian marine insurer Skuld finished the first half of the year with a profit of USD 9 million, down more than 50 percent compared to the same period last year.
BY JOHANNES HARTKOPF-MIKKELSEN
Ståle Hansen, president and CEO of marine insurer Skuld, can look back at his first six months as Chief Executive as a profitable period, though the company saw its result decline. Skuld has just published its second quarter interim report and half-year 2015 result, showing a profit of USD 9.0 million, down more than 50 percent from the same period 2014, where the company's profit came to USD 20.0 million.
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