Transcription of Chesnara
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Chesnara Solvency and Financial Condition Report 2016 TABLE OF CONTENTS Chesnara | SOLVENCY AND FINANCIAL CONDITION REPORT 2016 SUMMARY 1 AUDITOR S REPORT AND OPINION 3 DIRECTORS RESPONSIBILITY STATEMENT IN RESPECT OF THE SOLVENCY AND FINANCIAL CONDITION REPORT ( SFCR ) 5 A. BUSINESS AND PERFORMANCE 6 Business 6 underwriting performance 12 Investment performance 13 Performance of other activities 14 Any other information 14 B. SYSTEM OF GOVERNANCE 15 General information on the system of governance 15 Fit and proper requirements 23 Risk management system including the own risk and solvency assessment 24 Internal control system 30 Internal audit function 33 Actuarial function 34 Outsourcing 34 Any other information 35 C.
A. BUSINESS AND PERFORMANCE 6 A.1 Business 6 A.2 Underwriting performance 12 A.3 Investment performance 13 A.4 Performance of other activities 14
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Operational risk, Underwriting, Insurance Risk Study, Insurance Risk Study Solvency II, Solvency, Solvency II, Risk, Capital regime for the, Capital regime for the insurance industry, Credit, ATTRIBUTION OF PROFITS, Attribution of profits to permanent establishments, WHAT DETERMINES THE PROFITABILITY OF, WHAT DETERMINES THE PROFITABILITY OF BANKS, MIC - Millennium Insurance Company Limited