HC-10.7.6

Past version: Effective from 01 Oct 2012 to 30 Sep 2019
To view other versions open the versions tab on the right

In notices of meetings at which directors are to be elected or removed the insurance consultants, insurance managers and captive insurance firms should ensure that:

(a) Where the number of candidates exceeds the number of available seats, the notice of the meeting should explain the voting method by which the successful candidates will be selected and the method to be used for counting of votes; and
(b) The notice of the meeting should present a factual and objective view of the candidates so that shareholders may make an informed decision on any appointment to the board.
Amended: October 2012
January 2011