Marine insurance provider Skuld has reported a successful and robust outcome for the 2026/27 mutual P&I renewal, reflecting disciplined underwriting, firm market positioning, and continued support both from existing and new members.
Skuld owners’ mutual P&I book of business grew to 128 million gross tonnage (GT), representing a 6% increase in tonnage year-on-year.
Through the upcoming policy year, Skuld said it expects to reach close to 140 million GT on its owners’ mutual P&I book.
According to the firm, 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 it continues to grow successfully across all lines of its business, including hull & machinery, charterers, energy, fixed P&I, and FDD, further emphasising the importance of its long-standing diversification strategy.
Ståle Hansen, Skuld president and CEO, commented, “The renewal was further strengthened by a record level of committed new business across the group, reflecting Skuld’s strong global network and long-term strategic focus, particularly in Asia and through close collaboration with major broking houses.
“New members include high-profile operators, reinforcing Skuld’s strong competitive position in the P&I market.
“I want to attribute this year’s successful outcome to the exceptional teamwork across our international offices.
“Our strong and collaborative culture, and the unwavering dedication of employees, working in a complex and dynamic geopolitical landscape, enable us to optimally safeguard the interests of our members, clients, brokers and the maritime community we proudly serve.”
