November 2005 Pulse Survey Results

Captive Corporate Governance

Question 1 - For all participants
Does Sarbanes-Oxley pertain to your captive now?
 Response PercentResponse Total
  Yes
28.1%9
  No
71.9%23
Total Respondents  32
(skipped this question)  0
For participants who answered "no" to question 1
If not, are you considering using SOx or some other corporate governance standard as a best-practice model?
 Response PercentResponse Total
  Yes
39.1%9
  No
60.9%14
Total Respondents  23
(skipped this question)  9
For all participants, regardless of how you answered question 1
Who is providing the most guidance on your captive's corporate governance standards? (You may check up to two that apply)
 Response PercentResponse Total
 No one
6.7%2
 Outside auditor
20%6
 Internal auditor
10%3
 Captive manager
43.3%13
 Counsel
43.3%13
    Other (see below for specifics)
20%6
Total Respondents  30
(skipped this question)  2
 
Who is providing the most guidance on your captive's corporate governance standards? (These 6 respondents checked "other" above)

1. independent fiduciary
2. Management
3. Broker & Consultant
4. Regulator
5. Board of Directors
6. Directors & CEO