Skuld to acquire Scandinavian Marine Agency
Skuld has signed a letter of intent to purchase Scandinavian Marine Agency in a deal that would give the Oslo-based marine insurer renewal rights on the latter’s hull and machinery book.
SMA's hull and machinery book covers 6,000 vessels, paying around $40m (£27m) in premium.
Skuld president and CEO Ståle Hansen said: "The most important thing that we are committed to is ensuring that
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