“Don’t waste your time on me,” he told AIG boss Willumstad
Warren Buffett has said that he was approached about insuring Lehman’s assets before it went bust and was asked to invest in AIG but told the firm "Don’t waste your time on me" the Times reports.
Speaking at a Fortune conference, Mr Buffett did not say who asked him for the insurance for Lehman’s but said that he asked for information to be sent to him by fax. The information did not arrive, he said, admitting he missed a voicemail message.
After reviewing AIG’s financial statements, Mr Buffet said that he told AIG's then-chief executive Robert Willumstad: "Don’t waste your time on me".
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.
