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Increase in claims sends Skuld into the red in first half

Norway's Skuld books a USD 14.3 million deficit for the first half of fiscal year 2020/2021. The decline is largely attributable to an increase in claims in the international insurance pool and the coronavirus.
Ståle Hansen, CEO of Skuld. | Photo: Skuld
Ståle Hansen, CEO of Skuld. | Photo: Skuld
by KATRINE GRØNVALD RAUN

Norwegian insurance company Skuld dipped into the red in the first half-year of fiscal year 2020/2021. Here the company booked a USD 14.3 million deficit against a USD 2 million profit in the same period last year.

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