Growth Still a Key Factor in Carrier Compensation Plans: S&P
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Standard & Poor's recently published a report summarizing an enterprise risk management survey across all segments of the insurance industry. One surprising finding: six years after the financial crisis, more than 50% of insurers use growth as a key metric to set executive compensation. Here, S&P Director Sridhar Manyem discusses the implications. He also talks about the links between executive compensation practices and two scores that factor into S&P's ratings--ERM scores and management and governance scores.