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Main duties

Performance of the risk management function for the entire company

- Prior risk hedging through participation in major decision making process of the entire company and post risk hedging roles through periodic monitoring are being performed.
- Stage1 examination of prior risk factors and hedging methods is conducted, and a final decision is reached after consultation with each committee member.

Periodic report

Name of report	Major contents
daily monitoring	sales status, insurance payment status, economic indices
	major investment management status (including gain/loss on valuation)
	monitoring (financial markets, industry trends, internal issues etc.)
monthly report	risk indicator - insurance : month beginning profit, rate of difference in expected and actual deaths of life isurance policy holders - assets : gain/loss on shares/bonds, excess rate of return on managed investments etc - management : solvency margin, rate of incomplete sales etc
monthly report	investment management status
major issues report	in depth analysis/report on major issues relating to pending management matters
periodic reports to the financial supervisory service	RAAS & RBC related risk report - expected implementation period : RAAS - June 2007 / RBC- 2008