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Skuld books profit with help from investments

Norwegian marine insurer Skuld books a positive result in line with last year, helped along by returns on investment. CEO Ståle Hansen notes that the company has conquered market shares across its business.

Photo: Skuld

Skuld exits its fiscal year 2020/2021 with a positive bottom line, helped well along by returns on the insurance company's investments.

The Norwegian marine insurer reports a profit of USD 25 million for the fiscal year, which ended on Feb. 20. The result is in line with the preceding year, writes Skuld in a statement.

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