Skuld's Annual Review and Accounts for the year ending 20 February 2014 has been published.
Diversification and a robust bottom line
"We have invested in our people to ensure continued quality and availability of our services. After all, our business is all about people."
Douglas Jacobsohn, President & CEO
Impressive growth and financial stability
In 2013, Skuld continued its growth and expansion in a challenging underwriting environment. A combined ratio of 99% and a positive bottom line of USD 29 million is a good result in the current market - it underlines that expanding Skuld's product portfolio into commercial areas was the right strategy for Skuld and its members.
Klaus Kjærulff, Chairman of the Board
Please see full report on our Financial reports page.