32-48 General Standard No. 309

Summary

This standard establishes principles and good practices of adequate corporate governance and risk management and internal control systems in insurance companies. Although their implementation may adopt different modalities in the different companies, these principles and good practices will serve as the basis for the evaluation of the quality of corporate governance that the Superintendence will carry out, within the framework of the application of the new supervision model.

Thumbnail image for This standard establishes principles and good practices of adequate corporate governance and risk management and internal control systems in insurance companies. Although their implementation may adopt different modalities in the different companies, these principles and good practices will serve as the basis for the evaluation of the quality of corporate governance that the Superintendence will carry out, within the framework of the application of the new supervision model.

Issuer

Chile

Year

2011

Region

South America

Issuer (type)

Securities and Insurance Superintendency (Superintendencia Valores y Seguros) (Financial Regulator)

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Mandatory

Main industries targeted

Finance & Insurance
Information
Manufacturing
Transportation & Warehousing

Restrictiveness

Moderate

Sustainable Development Goals (SDGs)

SDG 5: Gender Equality
SDG 6: Clean Water and Sanitation
SDG 14: Life Below Water

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