Circular to all members
At the Annual General Meeting of Assuranceforeningen Skuld (Gjensidig) held in Oslo, Norway on 4 September 2025, members and clients received reports on matters of importance in relation to the Association’s business. Furthermore, annual elections were held.
1. 2024/2025 Financial Year
The Financial Statements of the Association for the year ending on 20 February 2025 were approved by the Annual General Meeting.
2. Review of Policy Years
2022 Policy Year: The AGM decided to close the 2022 policy year without supplementary calls.
2023 Policy Year: The year will be kept open until 2026.
2024 Policy Year: The year will be kept open until 2027.
Release Calls (applicable as of 4 September 2025)
2022: Closed
2023: Release call reduced to 7.5%
2024: Release call reduced to 10%
2025: 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 2026:
Marc Duck
Eastern Pacific Shipping (UK) Ltd., London, UK
LU Zhongzhi, William
BG Shipping Co., Limited, Hong Kong
XU Jie, Judith
Gentco Logistics Co., Ltd., Shanghai
b) The following person was re-elected as President of the Committee for a one-year period until the Annual General Meeting 2026:
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 2026:
Odd-Christian Krohn
Fred. Olsen & Co, Oslo, Norway
d) The following person had resigned from the Members' Committee:
Claire Jaunaux
Total, Courbevoie, France
Christopher McDade
Seapeak Maritime, Glasgow, UK
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
Capt. Hu Bin
China Merchants Energy Shipping Company Ltd., Hong Kong
Nils Otto Bjørhovde
Saga Shipholding (Norway) AS, Hong Kong / Norway
Andrew Choy
Yinson Production, Global/Singapore
John Dragnis
Goldenport Holdings Inc., Athens, Greece
Marc Duck
Eastern Pacific Shipping (UK) Ltd., London, UK
Gao Michael Tianyu
HOSCO HK Limited, Hong Kong
Gong Xiqian
China P&I Management, Beijing, China
Tayfun Günerhan
Densay Shipping and Trading, Istanbul, Turkey
Mark Jansen
Seatrade Holding, Groningen, The Netherlands
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
LU Zhongzhi, William
BG Shipping Co., Limited, Hong Kong
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
XU Jie, Judith
Gentco Logistics Co., Ltd., Shanghai
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 2026:
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
At the Committee Meeting on 13 June 2025, the Committee elected the Board of Directors for Assuranceforeningen Skuld (Gjensidig). All sitting Directors were re-elected. The AGM further endorsed the Board election.
Amendments to the Statutes
It was decided to rename the Audit Committee to the Audit and Sustainability Committee to reflect the extended duties in overseeing the integrity of Skuld’s sustainability statements, increasing reporting requirements and internal controls on ESG matters. Amendments to the Statutes will reflect the name change.
At the Committee Meeting on 13 June 2025, the Committee elected the Board of Directors for Assuranceforeningen Skuld (Gjensidig). All sitting Directors were re-elected. The AGM further endorsed the Board election.
The amendments to the Statutes 2026 were approved by the Annual General Meeting.
Yours faithfully
Assuranceforeningen Skuld (Gjensidig)
Ståle Hansen
President and CEO