Treasury Secretary Tim Geithner praises AIG’s progress
US Treasury Secretary Timothy Geithner said the breakdown of AIG’s sale of its Asian life unit AIA to the Prudential wasn't a setback and the government would recoup taxpayer money, Dow Jones reports.
"AIG is now free to pursue a bunch of other options to help maximise the return" for taxpayers, Geithner said. He praised AIG's management team and board for making "impressive" progress on the restructuring.
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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.
