The boss of the world's biggest insurance company has warned of widespread economic disruption in

the US because of the withdrawal of terrorism cover.

AIG chairman Maurice `Hank' Greenberg said legislation was needed to stop insurers modifying their policies.

About 70% of US commercial insurance is renewed next month. The industry has warned it will withdraw terrorism cover as it can no longer calculate the risks.

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