Robert Benmosche’s $10.5m pay package approved
The US Treasury’s pay czar, Kenneth Feinberg, has approved AIG chief executive Robert Benmosche’s $10.5m annual pay package, Bloomberg reports.
AIG gave details of Benmosche’s previous pay and compared his package with other business leaders, according to a Treasury Department letter.
“The total compensation package is determined by the special master to be appropriate when compared to the total compensation packages of other applicable presidents and chief executive officers,” Feinberg wrote.
The decision was the Treasury’s first official ruling on compensation at a firm that received government aid.
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.
