A strong first-quarter performance has been turned in by wealthy Norwegian war-risks insurance club Den Norske Krigsforsikring for Skib (DNK).
The Oslo-based mutual rang up a surplus of $17.1m during the first three months, with the investment and financial side of the business the major contributors.
The financial side profit amounted to $15.2m with the return on equities 5% and from bonds 0.8%.
