Governance
Corporate governance is the cornerstone of corporate sustainable operation. Cathay Life not only establishes a rigorous framework of corporate governance, but also refines risk management organizations and mechanisms by strengthening the competencies of the Board of Directors and enhancing the leadership capabilities of the management team, so as to protect the rights of Cathay Life stakeholders, including shareholders, employees, and policyholders.
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Sign of Governance
- ① Accumulation period 2023/1/1~2023/12/31
- ② Accumulated until the end of 2023
44 quantitative models
Established 44 quantitative models for financial risks, operating risks and emerging risks.②
2 Accreditation
The first insurance company to obtain BS10012 and ISO29100 information security certifications.②
Excellent
Receive the highest rating (Excellent) in the Corporate Governance System Assessment organized by the Corporate Governance Association in Taiwan for 3 consecutive terms.②
4 consecutive year
The only insurer in Taiwan to be included consistently(Note) in Taiwan Stock Exchange's List of Companies with Better Institutional Investor Stewardship Disclosure.②
Climate Governance
Confronted by the impact of climate change, Cathay Life Insurance has been actively developing and responding to climate-related risks and opportunities. we signed agreements in support of Task Force on Climate-related Financial Disclosures (TCFD) issued by the Financial Stability Board (FSB).