European bank ING has been subpoenaed by the New York attorney general's office...
European bank ING has been subpoenaed by the New York attorney general's office.
The Dutch bank said it received a “general request to provide information” to the investigation, which is looking into the practice of placement service agreements at Marsh.
According to reports, some industry watchers said they believed the bank had been subpoenaed because the attention of the enquiry was beginning to focus on retail level
insurance brokers.
The request, ING claimed, did not indicate suspicion or make allegations in relation to its insurance activities.
Its shares fell 3% yesterday after news of the subpoena broke.
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.
