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.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Pressure on supply chains eases for second month in a row

A ”normalization” of supply chains and the container market may be underway. July figures out of the US Federal Reserve in New York indicate that the Global Supply Chain Pressure Index has declined for the second month in a row.

Further reading

Related articles

Latest news

See all jobs