At the Annual General Meeting of Assuranceforeningen Skuld (Gjensidig) and Skuld Mutual Protection and Indemnity Association (Bermuda) Limited ("the Associations") held in Oslo, Norway on 8 September 2016, members and clients received reports on matters of importance to the Associations’ business and annual elections were held.   1. 2015 Financial Year The Board of Directors' report and the financial statements for the Associations for the year ending 20 February 2016 were approved by the Annual General Meeting.   2. Review of Policy Years 2013 Policy Year:  The AGM decided to close the 2013 policy year without supplementary calls. 2014 Policy Year:  The year will be kept open until 2017. 2015 Policy Year:  The year will be kept open until 2018.   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 re-elected for a two-year period until the Annual General Meeting 2018: Erik Hånell Stena Bulk AB, Sweden Michael Ippich Hartmann Schiffahrts GmbH & Co. KG, Leer, Germany Gökhan Kiran Kiran Holding A.S., Istanbul, Turkey Odd-Christian Krohn (as member) Fred. Olsen Insurance Services AS, Oslo, Norway Jan van der Laan Feederlines BV, Groningen, The Netherlands  Stefanos D. Michalis EPIC GAS Ltd. (Diamantis Pateras), Piraeus, Greece Leon S Patitsas Atlas Maritime Ltd, Athens, Greece Phil Rundle Versabar, Inc., Houston, USA Felix H. Tschudi Tschudi Aggregates As, Lysaker, Norway b) The following were elected as new members for a one year period until the Annual General Meeting in 2017: Achim Boheme Lomar Shipping, Bremen, Germany Øistein Dahl Golar, Oslo, Norway Guy-Louis Fages Total, Paris, France Mikael Skov Hafnia Tankers, Copenhagen, Denmark c) The following was re-elected as President of the Committee for a one-year period until the A