VESSELS CORRESPONDENTS CONTACTS EMERGENCY 24/7 CAREERS EXTRANET ABOUT COVERS TOPICS Home / About / Skuld / Facts and figures FACTS AND FIGURES Updated 01 July 2015 Print Share on Twitter Share on Facebook Share on LinkedIn Mail this article Main products: Owners' Mutual P&I and Defence, Charterers' Liability and Defence, Skuld Yachts, Skuld Fixed P&I, Offshore Liability - and through Skuld 1897, our Syndicate at Lloyd's: Hull and Machinery, Energy, Cargo, Ports and Terminals and Marine Liabilities Offices: Oslo (Head Office), Bergen, Copenhagen, Hamburg, Hong Kong, London, New York, Piraeus and Singapore President and CEO: Ståle Hansen Number of employees: 240 Credits and strengths rating: Standard & Poor's: 'A' Stable Outlook, latest update June 2015, see report. 5 year summary: Policy year 2010/11 2011/12 2012/13 2013/14 2014/15 Gross written premium USD mill 272.4 300.0 317.9 379.4 411.2 Technical result USD mill 30.6 11.7 1.0 4.0 0.8 Result USD mill 64.6 24.4 17.5 29.1 13.5 Contingency Reserve USD mill 266.4 291.4 308.4 334.5 347.7 Total assets USD mill 671.1 722.7 757.9 856.0 903.7 Investment return 5.8% 2.6% 3.0% 5.4% 1.9% Combined ratio 87.3% 95.5% 99.9% 98.8% 99.8% AER 12.1% 12.4% 12.3% 12.3% 12.9% S&P rating A- A- A A A P&I GT (TW) mill 58 65 72 75 74 Charterers premium USD mill 54 52 47 55 50 Share of pool: 4.8% Release calls: Policy Year Aug 2009 Aug 2010 Aug 2011 Aug 2012 Aug 2013 May 2014 Nov 2014 May 2015 2009/10 25% 25% 10% - - - - - 2010/11 25% 25% 5% - - - - 2011/12 25% 7.5% 3% 0% - - 2012/13 15% 8% 0% 0% 0% 2013/14 14% 0% 0% 0% 2014/15 15% 10% 5% 2015/16 15% 15% Skuld P&I and Skuld 1897 are approved eligible surplus lines insurers in the US - NAIC IID List, January 2012. For further information, please see Annual Reviews and Accounts (including six-month and nine-month reports) and Skuld figures presentation. RELATED PAGES P&I Rules and Terms & Conditions Annual reviews and accounts NAIC IID List October 2014 RELATED DOCUMENTS Skuld presentation June 2015 Facts and Figures June 2015 Renewal circular 2015/16 policy year Standard & Poor's report June 2015 LIBRARY ALL CONTENT SKULD RSS EMAIL SUBSCRIPTION Legal disclaimer Complaint handling procedure © Skuld 2012-2015 Follow us on LinkedIn