American International Group Inc. (AIG) signage stands outside the company's headquarters in New York, U.S., on Thursday, Oct. 29, 2015. (Photo: Michael Nagle/Bloomberg) American International Group Inc. (AIG) signage stands outside the company's headquarters in New York, U.S., on Thursday, Oct. 29, 2015. (Photo: Michael Nagle/Bloomberg)

Two former American International Group Inc. employees won awards totaling about $10 million after French judges chastised the insurance giant for trying to avoid paying bonuses they'd already earned to help cover for losses during the financial crisis amid a wave of criticism over executive pay.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.