AIG cancels $8m worth of junkets to appease New York attorney general

Following what was described "a candid discussion" in a joint discussion, the attorney general laid out his serious concerns regarding executive compensation issues and exorbitant expenses at AIG.

The meeting in the attorney general’s New York City offices occurred one day after attorney general Mr Cuomo informed AIG that it must recover improper bonuses and other payments and perks from its former executives or attorney general Cuomo would do so pursuant to New York law.

As a result of the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact

You are currently unable to copy this content. Please contact to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: