Corporate Profile

Corporate Governance

The Board of Directors and Management, i. e. officers and staff, of MAAGAP Insurance, Inc. (the "Corporation") hereby commit themselves to the principles and best practices of good Corporate Governance, and acknowledge that the same may guide the attainment of their corporate goals.

In line with the governance improvement initiative of the Insurance Commission and in keeping with its corporate goals, MAAGAP adopts the Annual Corporate Governance Report (ACGR) pursuant to the IC Circular Letter No. 2020-72 dated 30 June 2020:

ASEAN Corporate Governance Scorecard 2019

A. Rights of Shareholders

B. Equitable Treatment of Share

C. Role of Stakeholders

D. Disclosure and Transparency

E. Responsibilities of the Board

F. Bonuses and Penalty

ASEAN Corporate Governance Scorecard 2018

A. Rights of Shareholders

B. Equitable Treatment of Share

C. Role of Stakeholders

D. Disclosure and Transparency

E. Responsibilities of the Board

F. Bonuses and Penalty

ASEAN Corporate Governance Scorecard 2017

A. Rights of Shareholders

B. Equitable Treatment of Share

C. Role of Stakeholders

D. Disclosure and Transparency

E. Responsibilities of the Board

F. Bonuses and Penalty

ASEAN Corporate Governance Scorecard 2016

A. Rights of Shareholders

B. Equitable Treatment of Share

C. Role of Stakeholders

D. Disclosure and Transparency

E. Responsibilities of the Board

F. Bonuses and Penalty

ASEAN Corporate Governance Scorecard 2015

A. Rights of Shareholders

B. Equitable Treatment of Share

C. Role of Stakeholders

D. Disclosure and Transparency

E. Responsibilities of the Board

F. Bonuses and Penalty

ASEAN Corporate Governance Scorecard 2014

A. Rights of Shareholders

B. Equitable Treatment of Share

C. Role of Stakeholders

D. Disclosure and Transparency

E. Responsibilities of the Board

F. Bonuses and Penalty

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MAAGAP is regulated by the Philippine Insurance Commission.


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