Activist investor Icahn reportedly wants to give new chief executive a chance
Activist investor Carl Icahn (pictured) is softening his calls for US insurance powerhouse AIG to be broken up, Bloomberg has reported.
The newswire, citing anonymous sources familiar with the matter, said Icahn wants to allow new chief executive Brian Duperreault an opportunity to improve the company’s return on equity.
Since taking the helm of AIG from former chief executive Peter Hancock, Duperreault has signalled that he wants to take AIG in a new direction.
Icahn has been calling for a break-up of AIG into its constituent parts of life, non-life and mortgage insurance since October 2015, arguing that the company is “too big to succeed”.
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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