Benmosche abandon’s Liddy’s sell-off proposals
New AIG boss Robert Benmosche has changed AIG’s restructuring plan, deciding to hold on to an investment advisory unit within its retirement services group, Reuters reports.
"Benmosche is beginning his strategic review and this is one of his early decisions," AIG spokesman David Monfried said.
"The broker-dealer group is core to the retirement services business," said AIG's Monfried. "We intend to keep it and continue to build a world-class financial advisory business."
It includes three companies: Sagepoint Financial, Royal Alliance, and FSC Securities Corp. They are staffed by independent agents and brokers, said Monfried.
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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.
