H1 post-tax profits jump $10m at Skuld
Norwegian marine insurer Skuld has seen combined post-tax profits for its P&I and commercial business climb more than five-fold on a year-on-year basis.
In 2012, the first half saw the insurer report a post-tax profit of $2m, but this year the insurer has reported a boosted result of $12m.
The combined ratio also improved 5% from 98% in 2012 to 93%
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