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P&I Portal

Skuld

Assuranceforeningen SKULD
(Gjensidig), Ruseløkkvn. 26, 0251 Oslo, Norway
skuld.com t +47 22 00 22 00

Entered GT by vessel type

Entered GT by vessel type
Number of ships (owned entries only)
2017 2016 2015
6,337 5,416 4,424
Total owned entered GT
2017 2016 2015
93,000,000 85,000,000 80,000,000
Total chartered GT
2017 2016 2015
N/A N/A N/A
Total MOU chartered GT
2017 2016 2015
2,300,000 1,900,000 900,000

Entered GT by region

Entered GT by region

Income Statement (year ending - 20th February) USD 000s

  2017 2016
Income Calls and premiums 403,000 415,000
Excess Calls 0 0
Reinsurance Premiums -71,000 -57,000
Total Income 332,000 358,000
Expenditure Net claims incurred -229,000 -243,000
Net operating expenses -89,000 -88,000
Total expenditure -318,000 -331,000
Underwriting result pre investment/other financial income and tax 14,000 27,000
Investment/other financial income 39,00 -9,000
Tax/interest charged -2,000 -1,000
Overall result 51,000 18,000
Free reserves 394,100 348,200

Breakdown of investment by type

Breakdown of investment by type
S&P Rating Current Rating 2016
Rating A A
Outlook Stable Stable
Type of rating Interactive Interactive
Policy Year 2010 2011 2012 2013 2014 2015 2016 2017 2018
General Increase % 5 N/A N/A N/A N/A N/A N/A N/A N/A
Supplementary Call Record % 0/0 0/0 0/0 0/0 0/0 0/-2.5 0/-2.5 0/0 0/0

Release Call Percentage

2015 2016 2017 2018
0% 5% 15% 15%