Private equity firm Aquiline Capital Partners LLC, which is run by Jeffrey Greenberg, has acquired insurance consulting and asset management provider Conning & Co. from Swiss Reinsurance Co. Ltd. Conning & Co. reported the closing of the transaction today. Conning …
Ironshore’s CEO on Why He Left AIG and How He’s Building His Young Company In December 2008, Kevin Kelley left Lexington Insurance Co., the largest excess and surplus lines insurance company, after more than 30 years during which he helped …
Joseph Cassano has come home to face the music. The former AIG executive closely associated with one of the most sensational collapses in corporate history, recently slipped back into the United States. Under intensifying investigations by the FBI and other …
A former executive of reinsurer General Re Corp. was sentenced to two years probation and fined $10,000 after pleading guilty to helping American International Group cook its books. U.S. District Judge Christopher Droney said his sentence of Richard Napier, who …
A U.S. judge ruled on Monday against American International Group in the insurer’s legal battle with Starr International Co., affirming a July jury verdict that Starr did not breach a trust. At issue in the case brought in 2005 were …
American International Group Inc. and former CEO Maurice “Hank” Greenberg said Monday they have agreed to privately arbitrate a shareholder lawsuit, and possibly another, potentially ending a an extended legal fight between the parties. Relations between Greenberg and AIG have …
AIG to Hank: All is forgiven, we need your help! That is the message from Robert Benmosche, the new CEO of American International Group Inc., to Maurice “Hank” Greenberg — the man who built the company into what was the …
Maurice “Hank” Greenberg, former chief executive of American International Group Inc., fabricated documents and lied under oath in a bid to rewrite history and cloud who is the rightful beneficiary of a valuable block of AIG stock, AIG lawyer Ted …
A company run by former AIG CEO Maurice “Hank” Greenberg did not plunder billions from a retirement fund, a jury ruled, dashing the bailed-out insurer’s chances of collecting $4.3 billion in damages. American International Group Inc. took Starr International Co, …
Hankerin’ for a Fight “Hank Greenberg was mad. He was angry.” —Theodore Wells, lawyer for AIG, addressing jurors in the civil trial against ex-AIG head Maurice “Hank” Greenberg. Greenberg stands accused of plundering $4.3 billion in stock from the company …
