Congressional Budget Office fixes expected price of Tarp

The US Congressional Budget Office says the government bailout of AIG will cost $36bn in an updated report on the Treasury's Troubled Asset Relief Programme (Tarp), Dow Jones reports.

The total public costs of the programs will amount to $109 billion over the next decade, the CBO said.

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.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

Topics