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Norwegian Hull Club publishes 3rd Quarterly Report 2018

News
Nov 29, 2018

The 3rd Quarterly Report 2018 for Norwegian Hull Club shows the company attained a positive result of USD 19.9 million in the first nine months of the year.

The technical result of insurance operations, meanwhile, was USD 13.2 million while the result from investment income and other financial items was USD 6.7 million.
Equity stood at USD 310.6 million at the end of September 2018.

Commenting on the result of USD 19.9 million, Norwegian Hull Club CEO Hans Christian Seim said: "After very low claims figures in the first two quarters of 2018, claims and results are more in line with what we can expect after the third quarter. Our insurance result so far this year remains satisfactory given the current market situation."

You can read the full report 3rd Quarter Report 2018.