Skuld maintains a strong relationship with both its members and brokers due to its strong service fundamentals and recognized brand, according to S&P.   On 28 July 2021, Standard & Poor's (S&P) ratings services reaffirmed its 'A' rating on Assuranceforeningen Skuld (Gjensidig). The outlook is stable.   S&P Credit Highlights  The stable outlook reflects our expectation that Skuld's capital adequacy will remain well above our 'AA' benchmark over the next 12-24 months.  The club has historically recorded less volatility in results than its P&I club peers.    “The club is likely to remain one of the leading insurers in the P&I market.”   Please see full report here .