Board of Directors
Corporate Governance
In line with group corporate governance structure, FBC Reinsurance Limited has an independent, decentralized board of directors that is accountable and responsible to the shareholders. The board operates well within defined limits of authority from the main board. FBC Reinsurance Board monitors the implementation of set strategies and policies through a structured approach to accounting and reporting. The company’s governance structure and practice is in line with guidelines set by the Commissioner of Insurance and its board is committed to the principles of transparency, quality, integrity and accountability. FBC Re also has a separate Risk Management and Compliance board committee that enforces procedures as well as identifies, monitor and control risks.
