Skuld profits steady on improved technical result

Skuld posted its best combined ratio for five years in 2015 at
95 percent, the Norwegian protection and indemnity (P&I) club
announced today (13 May).
The result was a 4.8 percentage point improvement on 2014.
The club attributed the improvement to its focus on upholding
premium rates despite the wider soft market and retaining high
quality risks in a challenging market environment.
The result allowed Skuld to release a 28 percent premium credit
for its members totalling $5mn, which was...