US non-life insurance companies: top 5 highest paid executives in 2021
In 2021, the average annual salary of each of the five top executives of the main American non-life insurance companies* reached 20 million USD.
Evan G. Greenberg, Chairman and CEO of Chubb, was the best paid with 23 million USD per year.
According to the U.S Securites and Exchange Commision (SEC), the average pay of the top 5 was set at 18 million USD in 2019.
In thousands USD| Name | Position | Group (1) | Fixed salary | Variable salary | Overall salary (1) | Evolution 2019/2020 |
|---|---|---|---|---|---|---|
| Evan G. Greenberg | Chairman and CEO | Chubb | 1 400 | 21 781 | 23 181 | 14.00% |
| Peter Zaffino | Chairman and CEO | American International Group In | 1 483 | 20 423 | 21 905 | -9.00% |
| Alan D. Schnitzer | Chairman and CEO | Travelers Cos. Inc. | 1 300 | 18 554 | 19 854 | 4.50% |
| Ajit Jain | Vice-president in charge of insurance activities | Berkshire Hatahway | 16 000 | 3 015 | 19 015 | - |
| David Long | Chairman and CEO | Liberty Mutual Holding | 1 450 | 17 004 | 18 454 | 3.30% |
(1) Overall salary: fixed salary, performance shares, stock options, bonuses and various benefits in kind.
* companies based in the United States or listed on the stock exchange.
Read also | United States insurance companies
