reports
- Expert Corporate Governance Service (ECGS)
Etude de l'AG du 26/04/2017
General: In line with German law, the auditor of an insurance company like Munich Re is not appointed by the AGM but the Supervisory Board.Item 5: Approval is sought for the (unchanged) remuneration system which has been applicable since financial year 2013. Disclosure is in line with market practice. The level of actual remuneration in financial year 2016 is not considered to be excessive. However, we have concerns over the structure of the potential maximum remuneration that can be paid to Man...
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