ICP 7
Corporate Governance

This ICP questionnaire is based on ICP 7 version 2011.

How to fill out the questionnaires

The following steps are recommended to fill out this questionnaire:


  1. Download the questionnaire from the additional resources box on the right so that you can prepare your answers prior to starting the online questionnaire.
  2. Prepare the answers to the ICP questionnaire.
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Estimated completion time: 40 minutes.

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Contact Information

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First name
Last name
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Email address
Authority name
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I hereby confirm that I accept that the A2ii Secretariat may use the information provided above to contact me regarding the ICP self-assessment results and further enquiries. I may withdraw my consent at any time via email at info@icp-selfassessment.org and personal data will be deleted. The information provided in the self-assessment tool will be treated confidentially. I acknowledge that the results to the self-assessment will be calculated solely on the basis of my answers to the questionnaire without any qualitative review. The results are therefore only high-level and non-binding.

ICP 7
Corporate Governance

Your ICP results



The ICP standards have been assessed using five categories: observed, largely observed, partly observed, not observed, and not applicable.

  • For a standard to be considered observed it is usually necessary that the supervisor has the legal authority to perform its tasks and that it exercises this authority to a satisfactory level.
  • For a standard to be considered as largely observed, it is necessary that only minor shortcomings exist which do not raise any concerns about the supervisor’s ability to achieve full observance with the standard.
  • A standard will be considered partly observed whenever, despite progress, the shortcomings are sufficient to raise doubts about the supervisor’s ability to achieve observance.
  • A standard will be considered not observed whenever no substantive progress toward observance has been achieved.
  • A standard would be considered not applicable if the standard does not apply given the structural, legal and institutional features of a jurisdiction.


This self-assessment’s results sheet provides you with your overall score for the ICP questionnaire on the basis of your answers without any qualitative review. The results are therefore only high-level and non-binding.



ICP 3
Objectives, Powers and Responsibilities of the Supervisor

This ICP questionnaire is based on ICP 7 version 2011.

5.1
Primary legislation clearly defines the authority (or authorities) responsible for insurance supervision.
23
To what extend does the primary legislation define the authority (or authorities) responsible for insurance supervision?
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1
Legislation adequately and/or explicitly provides for
A
The primary legislation clearly defines the authority (or authorities) responsible for insurance supervision.
You selected option x.
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B
The primary legislation defines the authority (or authorities) responsible for insurance supervision, but the responsibility of the authority (or respective authorities) is not clearly identitied.
Please elaborate