A war of words has erupted over the final restatement of AIG's results.

A team of lawyers acting on behalf of AIG's former chief executive Maurice Greenberg claimed the report is questionable.

Greenberg took aim at the two largest items in the filing in terms of financial impact from restated financial information, and said some of the report's conclusions are flawed.

The New York attorney general's investigation into AIG's accounting errors forced the company to restate the last four years of books.

AIG's current chief executive Martin Sullivan, stood by the restatement and said it reflected a “thorough review” of AIG's global operations.

"AIG's financial position is sound, our insurance cash flow is strong and our global franchise is unmatched," Sullivan said in a statement.

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.