Insurers’ remuneration will become more risk-sensitive, says incoming Bupa finance chief
Risk management still immature at many firms, warns Evelyn Bourke
Risk management will become an increasingly important factor in determining insurance executives' remuneration, the incoming chief financial officer of healthcare giant Bupa has said.
Evelyn Bourke, who last month quit as chief executive of insurer Friends Life's heritage division, said that the discussion over executives' incentives and the risk controls at organisations would increase the weight given to risk when determining compensation.
"There has been a lot more attention on bringing risk
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