Remuneration Report - Contents


1.	Introduction (A) Key management personnel

2.	Summary of remuneration outcomes for 2014 (A) Remuneration and incentive outcomes in 2014 (B) Realised 2014 remuneration

3.	Remuneration governance (A) Role of the Remuneration Committee (B) Use of remuneration consultants (C) Risk management

4.	2014 remuneration explained (A) Executive remuneration strategy and framework (B) Our remuneration principles (C) Remuneration framework and link to business strategy (D) Keeping executives’ and shareholders’ interests aligned

5.	Executive remuneration outcomes for 2014 (A) How did QBE’s performance affect remuneration in 2014? (B) Measuring performance (C) Long-term company performance and incentive outcomes

6.	Remuneration in detail (A) Statutory remuneration disclosures (B) Former executives (C) Equity-based remuneration (D) Conditional rights (E) Options (F) Employment agreements

7.	Non-executive directors' remuneration (A) Remuneration philosophy (B) Fee structure and components (C) Other benefits (D) Remuneration details for non-executive directors

8.	Appendix (A) Terms used in this report (B) Legacy equity schemes (C) Valuation of conditional rights and options (D) Key management personnel – equity instruments (E) Shareholdings (F) Key management personnel – loans

Highlights & overview