16 January 2017Insurance
Skuld completes acquisition of SMA/Gerling Norway
Marine insurance provider Skuld has completed the share purchase agreement for SMA/Gerling Norway and is now the owner of 100 percent shares of SMA, free of any encumbrances.
SMA/Gerling Norway is now rebranded to Skuld Marine Agency. The company had announced the acquisition in May 2016.
SMA has operated as an agent for Skuld since November 2016 for renewals attaching from 1 January 2017. Skuld reported that all of SMA’s clients renewing at 1st January have accepted to renew on Skuld paper.
Did you enjoy reading this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.
Editor's picks
Editor's picks
Insurance
24 February 2017 Marine insurance provider Skuld has appointed Krester Krøger Kjær as the new head of its Copenhagen operations.
Insurance
12 May 2017 Skuld, a protection and indemnity (P&I) club for Scandinavian shipowners grew profitability in the 2016 financial year ending February 20, 2017 as the frequency of regular claims remained low and due to a “strong” return on investments.
Insurance
16 December 2016 Profits and incoming premiums dipped at marine insurer Skuld in the nine months to November 20 this year partly because of some big losses earlier in the year as the company’s CEO stressed its ambition to continue to pursue its diversification strategy.
Insurance
24 February 2017 Marine insurance provider Skuld has appointed Krester Krøger Kjær as the new head of its Copenhagen operations.
Insurance
12 May 2017 Skuld, a protection and indemnity (P&I) club for Scandinavian shipowners grew profitability in the 2016 financial year ending February 20, 2017 as the frequency of regular claims remained low and due to a “strong” return on investments.
Insurance
16 December 2016 Profits and incoming premiums dipped at marine insurer Skuld in the nine months to November 20 this year partly because of some big losses earlier in the year as the company’s CEO stressed its ambition to continue to pursue its diversification strategy.
More articles
Intelligent Insurer
Newton Media Ltd
Kingfisher House
21-23 Elmfield Road
BR1 1LT
United Kingdom