Private negotiations said to be close to reaching agreement

AIG has almost settled its dispute with its former chief executive Maurice "Hank" Greenberg, the Wall Street Journal reports.

The insurer may pay any penalties and future legal fees in Greenberg's case with New York Attorney General Andrew Cuomo, the newspaper said.

A deal could also include the resolution of a $1bn claim AIG has against Greenberg and another former AIG executive in a civil lawsuit, the WSJ reported.

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.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

Topics