Altered slide initially said bailout was “highly speculative”
A Freedom of Information Act request by US lobby group Judicial Watch revealed that the US Treasury said in a draft presentation that its $40bn investment in AIG was “highly speculative”, Bloomberg reports.
“The prospects of recovery of capital and a return on the equity investment to the taxpayer are highly speculative,” the slide said. The sentence was removed from a later version.
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.
