The circumstances of the management of the company has been considerably changed and the risk that we confront and manage has been diversified and complex. The Board of Directors (BOD) shall declare this “Company Principle of Risk Management” as stated below in order to establish a good and firm risk management of the company, recognizing the risk of the company to avoid the loss, controlling the risk to keep sound operation, and dealing with the risk in case it occurs.
The Company shall establish a framework for properly complying with solvency regulation and other laws established by supervisory authorities and applicable to the Company, ensuring financial soundness, as well as sound and proper business operations.
The Company shall accurately grasp the trend of law revisions applicable to the Company and establish a proper management framework.
The Company has managed the rest of its normal non-life insurance business. Invest in the scope of the terms and conditions of the Insurance Regulatory Commission, such as investment in debt instruments and equity instruments.