Intellectual Property Rights from Publicly Financed Research and
R 385
Long Term Insurance Act, 1998 (Act No. 52 of 1998)Board NoticesNotice on Governance and Risk Management Framework for Insurers, 2014Part 3 : Composition, Governance and Structure of the Board of DirectorsCommittees of the board9. Remuneration committee |
A remuneration committee must perform the following functions:
(a) | develop an appropriate remuneration policy referred to in section 13; and |
(b) | monitor the implementation of an insurer's remuneration policy and regularly review the suitability of that policy. |