Indian insurers directed to reveal executive pay

The Insurance Regulatory and Development Authority of India (Irdai)
has directed Indian insurers to reveal details of executive
remuneration from next year.
The regulator said companies must reveal the pay, including
incentive-based remuneration, of the managing director, CEO and
other key management personnel.
Insurance companies in India currently disclose the remuneration
of managing directors and CEOs in their annual accounts but do not
reveal the pay of other executives. Incentive-based pay