The Association of British Insurers (ABI) has issued a warning to the shareholders of Cable and Wireless Worldwide over its executive pay policy and its recent boardroom changes.
The ABI amber-top alert was prompted by a boardroom shakeup and recent profit warning at C&W Worldwide, according to the Financial Times.
The ABI also issued an alert to Cable and Wireless Communications, C&W Worldwide's sister company.
One investor recently complained about the pay of C&W Worldwide chief executive Jim Marsh and chairman John Pluthero, who were paid millions of pounds through a pay plan based on share price performance before a company demerger.
C&W Worldwide's share price has dropped 48% since the demerger.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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