The Changing Face of Risk – Damhurst’s CRO Remuneration Report

In a world of economic uncertainty, regulatory pressure, and rapid technological change, the CRO has become a strategic partner to CEOs and Boards. Far beyond compliance, today’s CRO is tackling geopolitical risk, ESG, cyber threats, and the growing complexity of capital and operations.

Our 2025 CRO Compensation Survey draws on responses from 103 CROs to offer clear benchmarks on pay, bonuses, LTIPs, benefits, team size, responsibilities, and market trends.
With respondents spanning life, non-life, mutuals, MGAs, and listed groups, this report provides a clear view of how the CRO role is changing across the insurance sector. Key themes include:

• The growing complexity of modern risk roles, with new challenges such cyber risk, AI, and geopolitical instability emerging as key priorities
• The ongoing challenge of diversity at executive levels, despite female CROs now out-earning their male counterparts by more than 10%
• The evolving and expanding role of risk leaders in the face of market volatility and regulatory scrutiny.

We hope this report serves as a valuable resource for organisations looking to attract and retain top risk talent – helping to inform decisions, shape strategies, and support the ongoing evolution of this vital executive role.

Download the report here.