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  • A US congressional committee has criticised former AIG executives during a hearing to examine the regulatory mistakes and financial excesses that led to the $85bn bailout of the insurance giant on 16 September.
  • Paul Milton, the chairman of Aon Professional Risks (APR), retired from the broking giant last month.
  • The UK-based run-off acquisition firm Tawa plc began trading on the London Alternative Investment Market (AIM) last week in a £127mn Initial Public Offering (IPO).
  • The UK-based run-off acquisition firm Tawa plc is set to float on London Alternative Investment Market (AIM) later this week in a £127mn Initial Public Offering (IPO).
  • In a torturous month for the insurer, we examine the difficulties facing Martin Sullivan As the weeks pass since the departure of the patriarchal Maurice "Hank" Greenberg from the company he built into the world's largest insurer, so the size of the...
  • Capita swoops for CMGL; Tawa UK in $285mn acquisition; S&P to launch run-off ratings; European run-off liabilities exceed EUR200bn...
  • In our regular monthly News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.
  • Jeremy Pinchin, the head of Reinsurance and Claims at the Society and a senior member of the Franchise Performance directorate, has resigned from Lloyd's.
  • Jeremy Pinchin, the head of Reinsurance and Claims at the Society and a senior member of the Franchise Performance directorate, has resigned from Lloyd’s.
  • The legal team of former AIG CEO Maurice “Hank” Greenberg has published a “white paper” critiquing the company’s restatement of its 2004 results.