The corporate governance assumes the continuous compliance of the operating activities of the Company with statutory regulations and legal requirements in Republic of North Macedonia. Pursuant to regulations and provisions laid down by the Law on Trade Companies and the requirements set by the Law on Insurance Supervision and the Statute of the Stock Company for Insurance and Reinsurance MAKEDONIJA, Skopje – Vienna Insurance Group, the Company has established two-tier government system. The Management Board comprises four (4) members and the Supervisory Board comprises four (4) members.