Governance & Reporting - IPB Insurance


Governance & Reporting

Our commitment to high standards of corporate governance is led by the Chairman, and supported by the Board, management and all staff

As an A- rated insurer we are driven to deliver optimal performance and return on capital for Members

IPB Insurance is rated in the top 500 mutual insurers globally by the International Cooperative and Mutual Insurance Federation (ICMIF).

Stakeholder and financial reporting

2022 IPB Annual Report

2021 IPB Annual Report

2020 IPB Annual Report

2019 IPB Annual Report

2018 IPB Annual Report

2017 IPB Annual Report

2016 IPB Annual Report


Solvency II Regulatory Disclosures

IPB Solvency and Financial Condition Report 2022

IPB Solvency and Financial Condition Report 2021

IPB Solvency and Financial Condition Report 2020

IPB Solvency and Financial Condition Report 2019

IPB Solvency and Financial Condition Report 2018

IPB Solvency and Financial Condition Report 2017

IPB Solvency and Financial Condition Report 2016


Board Committees

Our Committees complete programmes of work on behalf of the Board and report regularly under clear terms of reference reviewed on an annual basis at a minimum.

2023 IPB Audit Committee

2023 IPB Investment Committee

2023 IPB Risk Committee

2023 IPB Remuneration & Nomination Committee

2023 IPB Board Terms of Reference

2023 IPB Sustainability Committee Terms of Reference


Company Policy Documents

Business Code of Conduct

Anti-Bribery Corruption Policy

IPB Tax Risk Management Policy


Credit rating

IPB Insurance is a Standard & Poor’s rated insurer with excellent financial strength and is well capitalised. Our overriding objective is to devise a business model themed on sustainability and built on our proud heritage anchoring our Members at the core of the mutual.

In November 2021 Standard & Poor’s reaffirmed IPB’s rating of A- (stable), continuing to note that IPB’s capital adequacy is within the ‘AAA’ range.

2017 S&P Credit Rating Report

2018 S&P Credit Rating Report

2019 S&P Credit Rating Report

2020 S&P Credit Rating Report

2021 S&P Credit Rating Report


Sustainability Reporting

2021 S&P ESG Evaluation Score Report

Sustainability Strategy 2023-2026


Members’ Satisfaction Survey

The findings of the 2020-2021 Members Satisfaction Survey were published in Spring 2021 by Irish agency, B2B Research. The overall satisfaction score was 96%. Members scored IPB highest for ‘Quality of Advice’ provided (100%), ‘Responsiveness’ and ‘Understanding the sector’ (both 99%).


Terms of Business

Click here to view IPB’s Terms of Business.