IRDAI bats for ‘reasonable’ remuneration to insurance CEOs

  • January 4, 2022
  • Posted by: OptimizeIAS Team
  • Category: DPN Topics
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IRDAI bats for ‘reasonable’ remuneration to insurance CEOs

Subject – Economy

Context – IRDAI bats for ‘reasonable’ remuneration to insurance CEOs, to limit variable pay

Concept –

  • The Insurance Regulatory and Development Authority of India (IRDAI) has batted for ‘reasonable’ remuneration to insurance CEOs, to limit variable pay.
  • This has been proposed in draft the guidelines on remuneration of managing directors, chief executive officers and other directors on the board.

To know about IRDAI, please refer September 2021 DPN.

economy IRDAI bats for ‘reasonable’ remuneration to insurance CEOs