AIG says Treasury will get Hank Greenberg’s money
AIG said it would use $4.3bn it is seeking from former chief executive Hank Greenberg’s Starr International to repay the US government, the FT reports.
Greenberg’s team has said AIG’s demand for the $4.3bn was to boost executives pay and bonuses.
The case is scheduled to begin on Monday in the US District Court in Manhattan.
The case concerns a long-contested block of AIG shares held by Starr International taken by Greenberg when he left AIG.
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.
