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Property & Casualty Insurance Salary Survey – 10 companies, C-level, Underlying Data Available

I looked at the SEC filings for the top 10 US publicly-traded property & casualty (mostly P&C) primary insurers by market capitalization, to produce a C-level compensation survey.

Here is the underlying data, publicly available on Google Spreadsheets.  (My P&C reinsurance survey may be found at ReinsuranceSalarySurvey.com),

These companies were included: Travelers, AIG, ACE, Chubb, Allstate, Progressive, CNA, Cincinnati Financial, W.R. Berkley and Markel.

“Compensation” in this context is the total amount from the “Summary Compensation Table”, which includes salary, bonus, share awards, option awards, non-equity incentive plan compensation, change in pension value, and whatever else they decide to include in that table.

Chief Executive Officer (CEO): 25th percentile = $4.3 million ; Median = $10.4 million ; 75th percentile = $16.9 million

Chairman: 25th = $11.3m; Median = $15.9m ; 75th = $18.8m

Chief Operating Officer (COO): 25th = $5.0m ; Median = $7.3m ; 75th = $7.5m

President: 25th = $5.0m ; Median = $9.1m ; 75th = $12.2m

Chief Financial Officer (CFO): 25th = $1.3m ; Median = $2.8m ; 75th = $4.8m

Chief Investment Officer (CIO): 25th = $1.2m ; Median = $1.6m ; 75th = $3.2m

General Counsel: 25th = $2.5m ; Median = $2.5m ; 75th = $4.5m

*If someone held more than one slot, I included them in all applicable slots.

**This post is also reachable from InsuranceSalarySurveys.com (where there are also Health and Life salary surveys.)

***As seen in the American Academy of Actuaries’ Contingencies magazine.

Related posts:

  1. Life Insurance Salary Survey – 10 companies, C-level, Underlying Data Available
  2. Health Insurance Salary Survey – 10 companies, C-level, Underlying Data Available
  3. Reinsurance Salary Survey – 13 companies, C-level, Underlying Data Available
  4. Insurance Salary Surveys – Health, Life, Casualty, Reinsurance and other C-level compilations
  5. So how much do executive recruiters really earn?

This entry was posted on Monday, November 1st, 2010 at 11:31 pm and is filed under Actuarial News, Insurance News, Salaries. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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