At the Annual General Meeting of Assuranceforeningen Skuld (Gjensidig) held in Oslo, Norway on 12 September 2024, members and clients received reports on matters of importance in relation to the Association's business. Furthermore, annual elections were held.
1. 2023/2024 Financial Year
The Financial Statements of the Association for the year ending on 20 February 2024 were approved by the Annual General Meeting.
2. Review of Policy Years
2021 Policy Year: The AGM decided to close the 2021 policy year without supplementary calls.
2022 Policy Year: The year will be kept open until 2025.
2023 Policy Year: The year will be kept open until 2026.
Release Calls (applicable as of 12 September 2024)
2021: Closed
2022: Release call reduced to 7.5%
2023: Release call reduced to 10%
2024: Release call maintained at 15%
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 1.3.3 and 1.4.1.
a) The following persons were elected as new members/members for a one-year period until the Annual General Meeting in 2025:
Arjun Batra
Anchor SM (Singapore) Pte., Singapore
Capt. Hu Bin
China Merchants Energy Shipping Company Ltd., Hong Kong
b) The following person was re-elected as President of the Committee for a one-year period until the Annual General Meeting 2025:
Ulrich Niebusch
German Tanker Shipping GmbH & Co., Bremen, Germany
c) The following person was re-elected as Vice President of the Committee for a one-year period until the Annual General Meeting 2025:
Odd-Christian Krohn
Fred. Olsen & Co, Oslo, Norway
d) The following person had resigned from the Members' Committee:
Francois Rogivue
Cargill International SA, Geneva, Switzerland
e) After the election, the Committee comprises the following persons:
Ulrich Niebusch (President)
German Tanker Shipping GmbH & Co, KG, Bremen, Germany
Odd-Christian Krohn (Vice President)
Fred. Olsen & Co, Oslo, Norway
Arjun Batra
Anchor SM (Singapore) Pte., Singapore
Laura Hodges Bethge
Royal Caribbean Group, Miami, USA
Nils Otto Bjørhovde
Saga Shipholding (Norway) AS, Hong Kong / Norway
Andrew Choy
Yinson Production, Global/Singapore
John Dragnis
Goldenport Holdings Inc., Athens, Greece
Gao Michael Tianyu
HOSCO HK Limited, Hong Kong
Gong Xiqian
China P&I Management, Beijing, China
Tayfun Günerhan
Densay Shipping and Trading, Istanbul, Turkey
Capt. Hu Bin
China Merchants Energy Shipping Company Ltd., Hong Kong
Mark Jansen
Seatrade Holding, Groningen, The Netherlands
Claire Jaunaux
Total, Courbevoie, France
Todd Jordan
Transocean, Houston, USA
Ralph S. Juhl
Hafnia Tankers, Denmark and Singapore
Byoungil Kang
G2 Ocean, Bergen, Norway
Gökhan Kiran
Kiran Holding A.S., Istanbul, Turkey
Jan-Lars Kruse
Hartmann Reederei, Leer, Germany
Christopher McDade
Seapeak Maritime, Glasgow, UK
Brian McKenna
Irish Continental Group, Dublin, Ireland
Iraklis Prokopakis
Danaos Corporation, Limassol, Cyprus
Marthe Romskoug
WWL, Lysaker, Norway
Synnøve Seglem
Knutsen OAS Shipping AS, Haugesund, Norway
Felix H. Tschudi
Tschudi Arctic Transit AS, Lysaker, Norway
Corinne Vintner
Brittany Ferries, Roscoff, France
Christopher Walker
Frontline Management, Oslo, Norway
3.2 Elected Members of the Nomination Committee of Assuranceforeningen Skuld (Gjensidig)
The members of the Nomination Committee are elected at the Annual General Meeting in accordance with Statute 1.3.4 and 1.9.1. The Nomination Committee consists of the President of the Members' Committee and three members elected by the Annual General Meeting.
a) The following members were re-elected for a one-year period until the Annual General Meeting in 2025:
Mark Jansen
Felix H. Tschudi
Christopher Walker
After the elections, the Nomination Committee comprises of the following persons:
Ulrich Niebusch (President of the Committee)
Mark Jansen
Felix H. Tschudi
Christopher Walker
4. Amendments to the Statutes
It was decided that the definitions "Chairman" and "Vice Chairman" were replaced with the "Chair" and the "Vice Chair" in the English version and "styrets formann" and "viseformann" were replaced with "styreleder" and "styrets viseleder" in the Norwegian version respectively. The amendment aligned with the industry standards and Norwegian legislation.
It was further decided that the Risk Committee of Skuld, tasked with a.o. ensuring that an appropriate control framework is in place to manage risks; addressing any key issues or breaches of the risk and assessing the Association's governance and control measures, was renamed the "Risk and Compliance Committee". This amendment aligned with the industry standards, clarified the responsibilities of the Committee and reporting lines for the Association's risk and control functions.
Corresponding amendments to the Statutes 2025 were approved by the Annual General Meeting.
Yours faithfully
Assuranceforeningen Skuld (Gjensidig)
Ståle Hansen
President and CEO