Five execs threaten to quite by year end over pay cuts

Five high-ranking AIG executives have threatened to quit if their compensation is cut significantly by government pay czar Kenneth Feinberg, the Wall Street Journal reports.

They include AIG’s general counsel, Anastasia Kelly, and the heads of some of its largest insurance businesses.

The five said in written notices, that they were prepared to leave by year-end, but two changed their minds over the weekend.

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.

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