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Skuld axes Lloyd’s syndicate 1897

Norwegian insurance provider Skuld has announced that its Lloyd’s syndicate 1897 will stop writing new business by July 1. The move — which comes after fellow P&I provider Standard put syndicate 1884 in run-off — caps an annus horribilis for marine at Lloyd’s

Syndicate 1897, which writes marine, energy, cargo and liability insurance, was launched in 2011, in an effort to expand the P&I club’s offering to hull and machinery

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