Two more businesses sold
AIG has raised more than $1bn (£678.5m) from the sale of two businesses. On Thursday, it completed the sale of AIG Life of Canada to BMO Financial Group for about $263m. On Tuesday, it completed the sale of Hartford Steam Boiler to the Munich Re Group for $739m, plus the assumption of $76m outstanding capital securities. Ed Liddy, AIG’s chief executive, said: “AIG is working tirelessly to execute an orderly asset disposition plan to repay the US government.”
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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