SFO’s insufficient evidence at London’s Financial Products
The Serious Fraud Office (SFO) has dropped an investigation into the UK operations of AIG Financial Products – the unit that caused AIG to be bailout by the US government, the Telegraph reports.
British investigators said they found "insufficient evidence to bring a prosecution" during a 15-month investigation into potential "criminal conduct".
"We welcome the Serious Fraud Office's decision, and we continue to co-operate with other authorities on their assessment of these events as we focus on strengthening our businesses and repaying American taxpayers," an AIG spokesman 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.
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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