Jacobsohn reported a $20m surplus, with Skuld managing to cling on to its unparalled record of underwriting profitability, before fulsome tributes at the club’s annual dinner.
Skuld chairman Klaus Kjaerulff hailed Jacobsohn as a “hero” who had taken over at a grievous time and saved the then teetering protection-and-indemnity (P&I) club from words he admitted he was reluctant to use — possible bankruptcy.
Jacobsohn
