Corporate Governance
SGI and SGI CANADA are governed by The Saskatchewan Government Insurance Act, 1980, and The Automobile Accident Insurance Act, and are subject to the provisions of The Crown Corporations Act, 1993, which gives the Crown Investments Corporation, the holding company for Saskatchewan's commercial Crown corporations, the broad authority to set the direction of the Corporation.
Where required by legislation or policy directive, SGI submits performance management and investment decisions for review and approval by CIC and the provincial cabinet (government). Through its Chair, who is an outside director, the SGI Board of Directors is accountable to the Minister Responsible for SGI. The Minister functions as a link between the Corporation and CIC and cabinet, as well as the provincial legislature.
Read more about this topic: Saskatchewan Government Insurance
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