Circular to all members At the Annual General Meeting of Assuranceforeningen Skuld (Gjensidig) held in Oslo, Norway on 6 September 2018, members and clients received reports on matters of importance to the Association's business and annual elections were held.   1. 2017 Financial Year The Financial Statements of the Association for the year ending 20 February 2018 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 2018 policy year based on the financial result for 2017.   2. Review of Policy Years 2015 Policy Year: The AGM decided to close the 2015 policy year without supplementary calls. 2016 Policy Year: The year will be kept open until 2019. 2017 Policy Year: The year will be kept open until 2020.   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 2019: Andrew Choy Yinson Production, Global/Singapore Tayfun Günerhan Densay Shipping and Trading, Istanbul, Turkey Alexandre Soeur Mercuria Energy Trading, Geneva, Switzerland Uta Urbaniak-Sage Epic Gas Ltd., Singapore b) The following was re-elected as President of the Committee for a one-year period until the Annual General Meeting 2019: 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 2019: Odd-Christian Krohn Fred. Olsen Insurance Services AS, Oslo, Norway d) The following had resigned from the Members' Committee: Kemal Bozkurt U.N. Ro-Ro Isletmeleri, Istanbul, Turkey Guy-Louis Fages Total, Paris, France Jan van der Laan Feederlines BV, Groningen, The Netherlands Stefanos D. Michalis EPI