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Three major AIG shareholders ask for management changes

Three of AIG’s leading shareholders have stepped up their campaign to shake up the board of the company, calling for “significant and immediate changes” to the management of the US insurance group, the Financial Times reported.

Eli Broad, the Los Angeles-based billionaire who is a former director of the company; Shelby Davis, a fund manager; and Bill Miller, of fund manager Legg Mason, control more than 100m shares in AIG

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Throwback Thursday: Royal retreats from Moscow

Insurance Post’s Throwback Thursday steps back in time to October 1991 to remind you what was going on this week in insurance history when Royal International was reconsidering its plans for a Moscow-based insurance company.

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