Insurers urged to pay bonuses to high-fliers
Insurance salaries are now so close to investment banking levels that insurers should look to profit-...
Insurance salaries are now so close to investment banking levels that insurers should look to profit-related bonuses, a new report recommends.The report, Vision 2000, was published by financial services executive research consultancy Longbridge. It found senior underwriters in the London insurance market can now expect remuneration of up to £140 000 pa, including bonuses and/or profit commission.
Head of Longbridge's insurance division Stuart White said: "Basic salaries in the insurance
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