The wife of former AIG chairman and chief executive Maurice Greenberg has transferred more than £1.1bn AIG stocks to a joint account with her husband, Greenberg's lawyers said.
The move came only three months after Greenberg gave the shares to his wife as a gift, prompting Ohio regulators to file a complaint that it was a "fraudulent conveyance" to shield assets.
Greenberg's lawyer said the shares had been returned because the gift was misunderstood.
A spokeswoman for the Ohio attorney general said the state had not decided whether to drop the lawsuit.
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.
