The Insurance Regulatory and Development Authority of India (IRDAI) has introduced new regulations linking the remuneration of key managerial personnel (KMPs) at insurance companies to policyholder outcomes and business performance, while also tightening disclosure requirements to strengthen corporate governance across the sector. Under the new framework, the remuneration of KMPs, beyond just managing directors and… Continue reading IRDAI links insurance executives’ pay to customer outcomes and business performance