Troubled insurer fails to win assets from Greenberg’s Starr
Manhattan Judge Jed Rakoff has confirmed the jury verdict against AIG in its legal battle with former boss Maurice “hank” Greenberg’s Starr International, Reuters reports.
“AIG has failed to prove SICO's liability on AIG's counterclaim for breach of an express trust,” the judge said.
Greenberg and Starr's lawyer, David Boies of Boies, Schiller & Flexner, said: "This dismisses AIG's only remaining claim against Starr International. Another federal judge had already dismissed AIG's other claims in June 2008."
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.
