Competencies
Governance

The Supervisory Board's responsibilities

Mangement and financial control

The Supervisory Board is responsible for the overall management and financial control of Tryg.

The board applies targets and framework management based on regular and systemic consideration of strategies and risks.

Collaboration with the Executive Board

The Executive Board reports regularly to the Supervisory Board on:

  • strategies and action plans

  • market developments and the Group's performance

  • funding issues

  • capital resources

  • special risks

The Supervisory Board cooperates with the Executive Board on a regular basis to ensure development of and follow upon the strategy.

Evaluation

  • Annual
    The Supervisory Board carries out an annual evaluation of the work and results of the Executive Board and of the cooperation between the Supervisory Board and the Executive Board.

  • Internal
    Under the rules of procedures, the Supervisory Board has defined an evaluation procedurefor assessing the work and results of the Supervisory Board, the Chairman of the Supervisory Board and other individual members as well as the composition of the Supervisory Board.

    The assessment includes individual interviews between the chairman of the Supervisory Board and the individual members with a view to developing the board's work.