New York
The insurance industry is quite capable of reforming itself, and it was “a mistake” for government authorities to help drive the former head of American International Group, Maurice Greenberg, from his post, according to Lord Peter Levene, chair of Lloyd's of London.
Lord Levene offered his views on financial services regulatory reform and defended Mr. Greenberg last month when he was honored by the St. John's University School of Risk Management as the “2009 Insurance Leader of the Year” at the university's 15th annual award dinner.
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