AIG Europe is locked in a ¤883,000 (£588,000) legal battle with broker Blanch Crawley Warren.
AIG alleged that Blanch Crawley breached its contract with the insurer in the course of placing AIG's reinsurance.
AIG said: "The claimant [AIG] claims for losses arising from the defendant's [Blanch Crawley] breach of duties owed in contract and/or tort in placing reinsurance of the claimant."
Consequently, AIG is suing Blanch Crawley for ¤883,000.
A Blanch Crawley spokeswoman said: "We're not in a position to comment as it's an on-going dispute."
Three years ago, Blanch Crawley merged with the Benfield Greig Group.
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.
