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Gard and Britannia in the red as surplus falls sharply at Skuld

Three International Group P&I clubs have published full-year results in recent days, with Gard recording its first loss in a decade

‘Our industry is typified by volatility and cyclical behaviour and it is not unexpected that there are years in which losses occur,’ says Gard chief executive Rolf Thore Roppestad

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Gard sees sharp fall in surplus after investment loss
Britannia sees top line jump despite drop in call and premium income
Skuld books another steady surplus

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