... the Board…………...……… 8 6. Board Matters…………………………………………...... 11 7. Risk Management and Internal Control Systems…........... 13 8. Committees…..………………………………................... 21 9. Remuneration Matters…..…………………...................... 25 10. Servicing of Customers…..………………….................... 30 11....

... entering into a new material outsourcing arrangement or significantly varying an existing one, the insurer should within 30 days submit to the IA information relating to the arrangement. The information to be submitted includes: (a) the service outsourced; 15 (b) the name of the service provider; (c) the...

... control of the regulated activities of an agency or a broker company, the IA will take a “substance over form” approach to seek to understand the actual role played by the director in the agency or broker company. The type of factors and questions the IA will consider in this respect are set out below: 2...

... director. In considering whether or not a director is involved in the management or control of the regulated activities of an agency or a broker company, the IA will take a “substance over form” approach to seek to understand the actual role played by the director in the agency or broker company. The type...

... Draft Guideline on Enterprise Risk Management GUIDELINE ON ENTERPRISE RISK MANAGEMENT Insurance Authority Table of Contents Page 1. Introduction 1 2. Application 2 3. Overview of Enterprise Risk Management (ERM) Framework and General Requirements 4 4. Governance 7 5. Risk Appetite Statement 10 6. E...