$49bn of shares to be sold over starting early next year

The US Treasury may announce plans as early as this week to turn its $49bn of AIG preference shares into ordinary stock ready for sale to recoup taxpayer money from the bailout, Bloomberg reports.

Selling the shares could begin next year.

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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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