Corporate Governance

I. Executive Committee

The Executive Committee shall be in charge of the day-to-day management of the Company's business. The Committee will be delegated all powers of the Board of Directors that might be necessary for such a committee in accordance with the Company's Articles of Association and applicable law, provided that the Committee's exercise of such delegated powers is required to conform to any regulations that may be imposed on it by the Board of Directors.

II. Investment Committee

Designated by the Board of Directors, the Investment Committee shall be responsible for managing the investment portfolio of the Company. The Committee will design, establish and execute the investment policies. . The Committee will be responsible for ensuring compliance with the investment policies set forth by the Board of Directors and all applicable laws and regulations.

III. Remuneration and Compensation Committee

Nomination and Remuneration Committee assumes several responsibilities including recommendation to the board of nominees for membership based on adopted policies and criteria, annual review of board membership requirement, examine the board structure and recommend the proposed changes, ensure independence of board members and non-existence of conflict of interests, setup clear policies for compensation of board members and senior executives.

IV. Risk Underwriting Committee

The Risk and Underwriting and Committee is appointed by the Board to assist the Board in fulfilling its overall responsibility to the shareholders and other stakeholders by overseeing the Risk Management and underwriting activities of the Company on behalf of the Board. Key responsibilities include designing the risk management strategy in consistence with the Company's commitments to shareholders and regulatory requirements, approving underwriting policies and guidelines, as well as defining the Company's risk tolerance and risk appetite.

IIV. Audit Committee

The Audit Committee implements the board's recommendations with regard to supervision of financial reports and assessment of adequacy of internal and external audit processes. The Audit Committee assesses and controls risk management processes within the company and means of control.