Magazine date:
Jan 2013 Specialized in shipping insurance, Norwegian Skuld has established a second Asian subsidiary company. After Hong Kong, where it has been present for 23 years, Skuld founded in September 2012 a subsidiary in Singapore to cover hull, cargo, third party liability of ship owners, energy, offshore and P&I risks. A 15% growth of the portfolio during the recent years in Asia justifies this new presence on the rapidly-growing continent.