Tasks and responsibilities of the Board

The Supervisory Board is responsible for the overall management and financial control of TrygVesta. The Board applies targets and framework management based on regular and systemic consideration of strategies and risks. The chairman and the deputy chairman are in charge of the Supervisory Board's work. 

 

The Executive Management reports regularly to the Supervisory Board on strategies and action plans, market developments and the Group's performance, funding issues, capital resources and special risks. The Supervisory Board cooperates with the Executive Management on a regular basis to ensure development of and follow upon the strategy.

 

The Supervisory Board holds at least six annual meetings and an annual strategy seminar to discuss and define strategies and goals for the years ahead.

 

Evaluations

The Supervisory Board carries out an annual evaluation of the work and results of the Executive Management and of the cooperation between the Supervisory Board and the Executive Management. The Supervisory Board also carries out a self-assessment of the work and results of the Supervisory Board. The assessment takes the form of an annual talk between the chairman and each of the Board members with a view to developing the Board's work.  

Last update: 22 February 2008