A quite unbelieveable story on how to reward salespeople at a sub unit of Munich Re. If there is ever an incentive to inflate your figures (pun intended!) then this is it.
I am more interested to know if the remuneration committee had factored in any clawback provisions...
An online repository for Solvency II, ERM and Corporate Governance material and comment from the Principal of Governance Matters, an independent Risk Consultancy firm based on the Isle of Man.
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