Stakeholder relations
The Stakeholder Relations section contains important information relating to Benefact Group plc, including our purpose, our current and past annual report and accounts, our regulatory announcements, shareholder publications and our governance documentation.
Our purpose
We are the Benefact Group – a charity owned, international family of financial services companies that exist to donate available profits to good causes. We’re built on the idea that better business, can better lives. Benefact Group’s purpose is to contribute to the greater good of society. In particular, the Group strives to improve the lives of customers, beneficiaries and society as a whole.
This is achieved by managing a portfolio of businesses that operate to the highest ethical principles. Benefact Group seeks to diversify and bring an ethical dimension to more aspects of society; and all businesses within the Group need to set a high bar, putting customers first and setting an example to others.
Our charitable purpose drives our strategic goal of being the most trusted and ethical business in our chosen markets. It creates an environment where sustainable, long-term value generation is prized over short-term results.
Learn more about the Benefact Group family
Our governance
The Board of directors is committed to applying the highest standards of corporate governance and believe that the affairs of the Company should be conducted in accordance with best business practice.
Financial strength ratings
A financial strength rating from a credit rating agency is an independent opinion of an insurer’s financial strength and ability to meet its ongoing insurance policy and contract obligations. Ratings are based on a comprehensive quantitative and qualitative evaluation of a company’s balance sheet strength, operating performance and business profile.
Benefact Group plc maintains an interactive relationship with credit rating agencies Moody’s and AM Best. The table below lists the current financial strength ratings from each rating agency in respect of Ecclesiastical Insurance Office plc.
Agency | Financial strength | Last update | Outlook |
---|---|---|---|
AM Best | A | Affirmed September 2024 | Stable |
Moody's | A2 | Affirmed July 2024 | Stable |
Our ratings with Moody’s is A2 (stable) and with AM Best is A (Stable). This continues to give us confidence that we are able to deliver for our customers, clients and partners whilst maintaining our capital strength.
Ecclesiastical Insurance Office PLC Investor relations
Our Committees
Group Audit Committee
Chair: Chris Moulder
Members: Neil Maidment and François-Xavier Boisseau
Terms of Reference: Download here
Group Finance and Investment Committee
Chair: Angus Winther
Members: Rita Bajaj, François-Xavier Boisseau and David Henderson
Terms of Reference: Download here
Group Risk Committee
Chair: Neil Maidment
Members: François-Xavier Boisseau and Chris Moulder
Terms of Reference: Download here
Group Remuneration Committee
Chair: Sir Stephen Lamport
Members: David Henderson, Neil Maidment and Angus Winther
Terms of Reference: Download here
Group Nominations Committee
Chair: Chris Moulder
Members: David Henderson and Angus Winther
Terms of Reference: Download here
Sign up for regular updates on group and industry news, funding, fundraising resources and webinar alerts.
Benefact Group Documentation
Solvency and Financial Condition Report
-
Benefact Group 2023 Solvency and Financial Condition Report (PDF)
PDF 2.65 MBDownload
-
Benefact Group 2022 Solvency and Financial Condition Report (PDF)
PDF 1.59 MBDownload
-
Benefact Group 2021 Solvency and Financial Condition Report (PDF)
PDF 5.62 MBDownload
-
EIG 2020 Solvency & Financial Condition Report (PDF)
PDF 1.51 MBDownload
-
EIG 2019 Solvency & Financial Condition Report (PDF)
PDF 2.22 MBDownload
-
EIG 2018 Solvency & Financial Condition Report (PDF)
PDF 2.93 MBDownload
-
EIG 2017 Solvency & Financial Condition Report (PDF)
PDF 1.40 MBDownload
-
EIG 2016 Solvency & Financial Condition Report (PDF)
PDF 2.47 MBDownload
Matters Reserved to the Group Board
Terms of Reference
-
GAC Terms of Reference 2023 (approved 16 Feb 2023)
PDF 309.92 KBDownload
-
GRC Terms of Reference (approved 16 March 2023)
PDF 237.56 KBDownload
-
Group FI Terms of Reference 2023
PDF 736.39 KBDownload
-
GROUP NOMINATIONS COMMITTEE TERMS OF REFERENCE 2023
PDF 260.29 KBDownload
-
GROUP REMUNERATION COMMITTEE TERMS OF REFERENCE 2024
PDF 247.48 KBDownload