In addition to Oslo, Skuld has offices in Bergen, Bermuda, Copenhagen, Hamburg, Hong Kong, London, New York, Piraeus, Singapore and Tokyo.
Skuld underwent a major restructuring in the period 2000 to 2003 which led to a substantial improvement in its financial strength and Standard & Poor's rating of A with a stable outlook.
The P&I ("Protection and Indemnity") insurance provided by Skuld to its members is primarily to cover the liabilities which they incur to third parties arising out of the operation of their ships.
The common types of claims which are covered are for death or injury to passengers and crew, oil pollution, cargo loss or damage, collision, wreck removal and stowaways.
Skuld has been involved in a number of high-profile cases, including the Estonia, Hebei Spirit, Braer, Sea Empress and Scandinavian Star.