Skuld claims costs soar as a result of international pooling system
Marine insurance provider Skuld chalked up record high claims costs from the international group's pooling system, leading to a bottom line deficit of $2.9m (£1.8m) with corresponding contingency reserves of $288m (£178.9m).
Skuld has so far had none of its own pool claims in 2012, but the sharp increase in global claims costs relates to the share of other clubs' pool claims, which are $14m above budget expectations and
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