The move is part of new KMP performance evaluation rules, under which the regulator has made 50% of key performance indicators (KPIs) mandatory and far more prescriptive than earlier, according to industry executives. For the remaining 50% weightage in performance assessment, the nomination and remuneration committee or board may assign additional role-specific parameters aligned with the insurer’s business plan, with the metrics and evaluation criteria required to be clearly defined upfront in the remuneration policy.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend
October 1, 2026