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BRIEF-Insurance Australia Group To Increase Deferred Proportion Of Executive Short-Term Incentive

Published 26/10/2018, 12:34 pm
© Reuters.  BRIEF-Insurance Australia Group To Increase Deferred Proportion Of Executive Short-Term Incentive
IAG
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Oct 26 (Reuters) - Insurance Australia Group Ltd IAG.AX :

* DEFERRED PROPORTION OF ANY EXECUTIVE SHORT-TERM INCENTIVE AWARDS MADE FROM SEPT 2019 TO INCREASE FROM ONE THIRD TO ONE HALF

* PERFORMANCE PERIOD FOR CASH RETURN ON EQUITY HURDLE FOR LONG-TERM INCENTIVES WILL BE EXTENDED FROM THREE TO FOUR YEARS

* WILL COMPLETE ITS REVIEW OF SALES-BASED EMPLOYEE INCENTIVE PLANS

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