Marine insurance provider Skuld has reported successful and strong results for mutual P&I renewals in 2026/27, reflecting disciplined underwriting, firm market positioning and continued support from existing and new members.
The Skuld shipowner’s mutual insurance and indemnity business book increased to 128 million gross tons (GT), a year-on-year tonnage increase of 6%.
Skuld said it expects to have nearly 140 million gross tons on its shipowners’ collective P&I books in the coming policy year.
The company said this positive development underscores its ability to retain quality tonnage while attracting new members who value the club’s service commitment, global reach and financial strength.
Skuld added that the company is experiencing continued successful growth across all business areas, including hull and machinery, charterers, energy, fixed P&I and FDD, further underlining the importance of its long-term diversification strategy.
Ståle Hansen, President and CEO of Skuld, commented: “The renewals are further strengthened by a record level of new business committed across the group, which reflects Skuld’s strong global network and long-term strategic focus, particularly in Asia, and through close collaboration with prime brokerages.
“The new members include well-known operators, strengthening Skuld’s strong competitive position in the P&I market.
“I would like to attribute this year’s successful results to the excellent teamwork across our international offices.
“Our strong collaborative culture, along with our employees’ unwavering dedication to working in a complex and dynamic geopolitical environment, positions us to best safeguard the interests of our members, customers, brokers and the maritime community we proudly serve.”