A $2.28bn (£1.25m) share transfer by former AIG chairman and chief executive Maurice "Hank"...

A $2.28bn (£1.25m) share transfer by former AIG chairman and chief executive Maurice "Hank" Greenberg from AIG to his wife will now be allowed, according to Greenberg's lawyers.

Ohio authorities had filed a suit in May against Greenberg to put a hold on his transfer of shares, in light of investigations into the insurer.

Greenberg's spokesman said: "The original transfer was completely misunderstood and caused needless distractions and wasteful litigation."

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.

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