Former CEO reconciliation could bring in wealthy investors
Shares AIG rose 29% to $48.63, on the news that the $10.5m pay package of new chief executive Robert Benmosche is likely to be approved by the US government's pay tsar, the FT reports
Reuters and others said the rise was because of Benmosche improving relations with former long-time CEO Maurice "Hank" Greenberg.
Bringing Greenberg back could lead to new private capital investment in AIG, as Greenberg is an influential figure among wealthy investors.
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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.
