Reports on compliance with the Annotated Corporate Governance Code for Mutual Insurers are available here.

2022 report

2019/20 reports

  • In 2019 AFM members adopt a new form of reporting against the new AFM Corporate Governance Code.  This was on an ‘apply and explain’ basis, and whilst this did not lend itself to the extensive compliance report we produced previously, we did undertake a review of reporting against the Code: AFM Code, report on 2020 application, final.

2018/19 reports

2017/18 reports

  • Report: the 2018 AFM Corporate Governance Report can be downloaded here.
  • Remuneration:  the latest report on remuneration in the mutual sector from Robert Wharton can be downloaded here.

2016/17 reports

  • Report: the 2017 AFM Corporate Governance Report can be downloaded here.
  • Culture: to supplement our governance reports, we commissioned Independent Audit to undertake a review of board culture in AFM members in the Spring of 2017.  Their report can be downloaded here.
  • Remuneration:  the latest report on remuneration in the mutual sector from Robert Wharton can be downloaded here.

2015/ 16 reports

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