ANNOUNCEMENT ON THE IMPLEMENTATION OF BUSINESS OBJECTIVES
Interlife General Insurance Company S.A. withdrew, as known, its business plan on 07/04/2020 following its BoardΆs of Directors decision and a relevant announcement to the investing public.
In addition, Interlife General Insurance Company S.A. informs the investing public that the company's goals for 2020, as they are described in the annual financial report for the year 2019 as well as in the semiannual financial report of 2020, and in particular, the following key points of the business strategy:
1. Increase of additional acquisitions.
2. Optimum asset management, aiming for the maximum possible income and focusing on minimizing risks.
3. Maximum restraint of overhead costs, although new emerging needs require additional resources
4. Maintaining the high quality of provided services.
5. Continuous updating and improvement of the Company's information systems.
6. Faithful implementation of a Corporate Governance System based on the standards set by the Supervisory Authority and SOLVENCY II regulatory framework.
They do not show up discrepancies in their implementation.