Skuld announced that on Jan. 12, 2017 it has completed its acquisition of SMA/Gerling Norway, which has been renamed Skuld Marine Agency (SMA). Skuld is now the owner of 100 percent of SMA shares, “free of any encumbrances,” the company …
Global shipping insurers have devised a way to ensure nearly full coverage for Iranian oil exports from next month after striking a deal to provide cover without involving U.S.-domiciled reinsurers, officials in Tokyo and London said. Restrictions on U.S. firms …
Skuld announced the completion of the senior team at Agora, the special purpose arrangement (SPA) of Skuld Syndicate 1897, specializing in the property direct & facultative (D&F) and treaty markets. The SPA started trading in January 2016. “Agora, led by …
Skuld, the Olso-based marine insurance provider, announced SMA/Gerling Norway will be renamed Skuld Marine Agency (SMA) following the company’s acquisition by Skuld. Marketing has now begun for Jan. 1, 2017 renewals on Skuld paper under the new SMA brand, the …
Western insurers are slowly reaching deals with Iran as they seek to re-enter a multi-billion dollar market although the pace of business is hampered by banking restrictions 10 months on from the lifting of international sanctions. Shut out of international …
Skuld, the Oslo, Norway-based marine insurance provider, announced it has signed a letter of intent to purchase SMA/Gerling Norway. The transaction includes the acquisition of the renewal rights of the hull & machinery book of business written by Gerling Norway, …
Skuld, the Oslo, Norway-based marine insurance provider, announced the recruitment of Paul Fry and Sarah Wilson to Skuld’s Lloyd’s Syndicate 1897, the specialist marine and energy syndicate. Fry joins as deputy active underwriter and class underwriter for hull, and Wilson …
Ascot Underwriting Ltd. has formed Renewco Consortium (ReCo), a dedicated and independent underwriting platform for the renewable energy industry. The Lloyd’s consortium is jointly led by Ascot and Chaucer and managed by Ascot; Skuld is the third consortium partner. With …
