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The carrier is looking to expand its marine offering through its London and Lloyd’s branch.
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The marine insurer said it benefited from benign claims and investment gains.
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The consortium is supported by 11 other Lloyd’s businesses.
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Meanwhile, ongoing hostilities have curtailed business opportunities for grain transport in the region.
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Mariners are watching electric vehicle risks closely following a number of car carrier fires.
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The marine insurer said its investments had started to recover after an “exceptional period” last year.
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Staffing upheaval continues in the marine class of business, as companies battle to hire and retain talent.
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The hires come as part of a restructure of the marine and energy segment of the business.
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As part of the changes, Skuld made several appointments within its Skuld Hull business unit.
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The carrier is looking to increase its presence in the marine market segment.
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The carrier has strengthened its cargo team following the departure of two underwriters.
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The underwriter will join the company following the departure of underwriters David Axtell and Ryan Godfrey.