This circular provides you with an operational update, financial overview and general information about the requirements and risk evaluation for the upcoming renewal. The information is of general nature and applicable to all covers provided by Skuld P&I including policies renewed throughout the policy year 2014/15. When the reinsurance costs and other P&I premium allocations for our mutual members are known, Skuld will issue a separate circular outlining the final allocations. Please see attached circular for full details .