At the Annual General Meeting of Assuranceforeningen Skuld (Gjensidig) held in Oslo, Norway on 7 September 2017, members and clients received reports on matters of importance to the Association's business and annual elections were held.   1. 2016 Financial Year The Board of Directors' report and the financial statements for the Associations for the year ending 20 February 2017 were approved by the Annual General Meeting. The Meeting approved of the recommendation of the Skuld Board and Committee to apply a mutual members' credit to the 2017 policy year based on the financial result for 2016.   2. Review of Policy Years 2014 Policy Year: The AGM decided to close the 2014 policy year without supplementary calls. 2015 Policy Year: The year will be kept open until 2018. 2016 Policy Year: The year will be kept open until 2019.   3. Elections 3.1 Elected members of the Members' Committee of Assuranceforeningen Skuld (Gjensidig) The members of the Members' Committee are elected at the Annual General Meeting in accordance with statute 1.3.4. a) The following were elected as new members for a one year period until the Annual General Meeting in 2018: Gerard E. Patronis Alcyon Shipping Co Ltd., Athens, Greece Hans Feringa Team Tankers, Connecticut, USA Kemal Bozkurt U.N. Ro-Ro Isletmeleri, Istanbul, Turkey Abrahim Zahiri National Iranian Tanker Company, Teheran, Iran Eivind Eidesvik Caiano AS, Bergen, Norway b) The following was re-elected as President of the Committee for a one-year period until the Annual General Meeting 2018: Ulrich Niebusch German Tanker Shipping GmbH & Co., Bremen, Germany c) The following was re-elected as Vice President of the Committee for a one-year period until the Annual General Meeting 2018: Odd-Christian Krohn Fred. Olsen Insurance Services AS, Oslo, Norway d) The following resigned from the Members' Committee: Sedat Gümüşoğlu U.N Ro-Ro Isletmeleri A.S, Istanbul, Turkey Han Jun China Shipping Tanker Company, Shanghai, China Jaco