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Financial Reporting, Transparency
and Control
- The
Board shall review timely and accurate disclosure on all material
matters, including the financial condition, performance, ownership
and governance of the Company. Fair, timely and
cost-efficient access to relevant information shall be provided to
all parties with legitimate interest in the
Company.
- The
Board and senior management shall receive regular reports on all
key aspects of the operations of the Company, which shall include
analysis of premium growth, underwriting performance, investment
results, claims management and credit control, to provide a sound
basis for assessing financial performance and condition,
identifying real and potential problems and formulating
appropriate policies and strategies.
- The
Board shall review faithful compliance with the financial and
other reportorial requirements under the Insurance
Code.
- The
Board shall foster and encourage a corporate environment of strong
internal control, fiscal accountability, high ethical standards
and compliance with the law and code of conduct.
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