HC-10.1.8

The Board should have no more than 15 members, and should regularly review its size and composition to ensure that it is small enough for efficient decision-making yet large enough to have members who can contribute from different specialties and viewpoints. The Board should recommend changes in Board size to the shareholders when a needed change requires amendment of the insurance consultants, insurance managers, insurance aggregators or captive insurance firms' Memorandum of Association.

Amended: October 2019
Amended: October 2014
January 2011