Skuld improves bottom line in first nine months of 2015

Norwegian marine insurer Skuld delivered a result of USD 20 million in the first nine months of the year, a USD 5 million increase from the same period last year. Overcapacity is still putting pressure on premium levels, says CEO.

BY KATRINE GRØNVALD RAUN

Marine insurer Skuld noted progress in the first nine months of 2015 with a USD 20 million result. This represents a USD 5 million improvement against the same period last year, according to the third quarter interim report, published Monday. CEO Ståle Hansen says the following about the result:

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