AIG's share price has been hit by the on-going criminal investigation the US Justice Department launched last week.
According to reports, the announcement of the investigation into the world's largest insurer wiped 7% of its stock.
Analysts have questioned the reputational risks surrounding the insurer and what long-term damage the investigation will have on the company.
The investigation had been launched to look into a string of off-balance sheet vehicles set up for Pittsburgh bank PNC Financial by AIG, the reports said.
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.
