At ACE, corporate governance is directed and managed by a well-established system. This system influences how the objectives of the Company are set and achieved, how risk is monitored and assessed and how performance is optimized.

It is also the process and structure used to direct and manage the business and affairs of ACE with the aim of enhancing business prosperity and corporate accountability. The ultimate objective is to realize long term shareholder value, while taking into account the interests of all stakeholders.

The ACE Corporate Governance Policy encourages the Company to create value through fostering a entrepreneurial spirit combined with innovation, development and exploration. It also provides accountability and control systems commensurate with the risks involved.

Our corporate governance structure firmly establishes the roles of management of the board. It creates a careful balance of skills, experience and independence on the board appropriate to the nature of our operations within each Country.

All board members, executive management and managers who influence ACE’s strategy and financial performance must show integrity and be ethical in all decision making processes.

The key components of the Corporate Governance framework are: