Press releases & Circulars

S&P reaffirms Skuld’s ‘A’ rating with stable outlook

Skuld is pleased to announce that S&P Global Ratings has reaffirmed Skuld’s 'A' rating, with a stable outlook. This reaffirmation reflects continued confidence in Skuld’s strong competitive position and robust investment performance.

Committee Circular 2025

Circular to all members

Review of policy years June 2025

Circular to all members

Skuld Bermuda Annual General Meeting 13 June 2025

Circular to all members

Skuld announces succession in the Piraeus office

Skuld announces today that Kjell-Åke Augustsson will retire from his position as senior vice president, head of Skuld Piraeus on 28 February 2026. Leandros Kotsakis will take over the leadership of the Piraeus office from 1 March 2026. Skuld is also pleased to announce that Mudit Singh will be the new leader of the Skuld Western Europe business unit, effective from 15 June.

Skuld announces positive financial result for 2024/25 reporting year

Skuld delivered a positive financial result of USD 21 million for the year ended 20 February 2025, driven by a strong contribution from the investment portfolio across various asset classes and significant premium growth.

Skuld London office has a new home – at The Gherkin

Skuld is pleased to announce that our London office has moved to new premises at 30 St Mary Axe, better known as The Gherkin, right in the heart of the City of London.

Skuld announces key appointments in growth and service capabilities

Skuld is delighted to announce key appointments that reinforce Skuld’s growth ambitions, strengthen its service capabilities, and solidify its position as a world leader in marine insurance.

PPMI 2025 Annual Disclosure Report

The Poseidon Principles for Marine Insurance (PPMI) has issued its third annual disclosure report, which provides insights into PPMI's climate alignment, including Skuld, and the support from affiliate members.

Nor-Shipping thought leader interview with Ståle Hansen

In this Nor-Shipping 2025 thought leader interview, our President and CEO, Ståle Hansen, shares his insights on the power of collaboration, the shifting risk landscape, and Skuld’s commitment to safeguarding the maritime community—today and for generations to come.

Skuld achieves robust growth in 2025/26 P&I renewal

Skuld is delighted to announce a successful renewal of its protection and indemnity (P&I) policies for 2025/26. Skuld welcomes a notable number of new members, expanding its portfolio of entered mutual P&I gross tonnage (GT) on 20 February by 6%. This result excludes new and committed tonnage that will join Skuld during the 2025/26 policy year.

Continued exclusion and buy-back solution in respect of certain war risks