A second senior executive at General Reinsurance, Richard Napier, plans to plead guilty...
A second senior executive at General Reinsurance, Richard Napier, plans to plead guilty in the investigation of insurer AIG, according to reports.
The investigation rests on transactions between General Re, a unit of Berkshire Hathaway, and AIG, which allegedly added millions of dollars to AIG's balance sheet in the fourth quarter of 2000 and the first quarter of 2001.
Former head of General Re's Cologne reinsurance unit, John Houldsworth, has already pleaded guilty to charges relating to transactions between the two companies.
According to reports, Houldsworth's evidence could implicate the current head of General Re, Joseph Brandon.
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.
