Skuld seeks ‘firmer’ renewal pricing as combined ratio hits 112%
Assuranceforeningen Skuld will raise deductibles and seek ‘firmer’ pricing on next year’s renewal round, but members will avoid a general increase, according to an announcement on its website
‘After benign premium movements over a number of years, current premium rates are not sustainable and do not adequately support either attritional or large claims exposures,’ Norwegian club warns
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