Maurice “Hank” Greenberg today confirmed he would be standing down as chairman of AIG.
In a letter from his lawyer Greenberg said he would end his four decades at the top of the world's largest insurance firm within days.
AIG is one of several insurers currently being probed for suspicious transactions by New York attorney general Elliot Spitzer.
Greenberg, who is 79, had been at the helm since 1967, turning AIG into a global operation with 50 million customers in 130 countries and a market value of $168.5bn.
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.
