The Oslo based insurer reports a $20.4m bottom line surplus for the first nine months of the year but also talks of a $5m premium credit, which suggests that although the P&I year still has two months to run there is confidence of a good, full year result.
Skuld promised a guaranteed premium credit of at least 2.5% of a member’s mutual premium in November but also indicated that 20% of the current year’s result would be allocated to the scheme.
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