AIG has fired two top executives for failing to cooperate with government investigators, the company said.
The company's chief financial officer Howard Smith and vice president Christian Milton have been dismissed from the company.
According to reports the men said they would invoke their Fifth Amendment rights against possible self-incrimination amid a probe into whether AIG manipulated its books to mislead investors.
AIG shares fell 63 cents, or 1%, to $57.27 in morning trading on the New York Stock Exchange.
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.
