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flag AIG canceled John Neal’s hiring after a Lloyd’s review found improper ties with executive Rebekah Clement, leading to $2.7M in severance.

flag Rebekah Clement, a New Zealand national and former Lloyd’s of London executive, is at the center of workplace conduct allegations involving John Neal, the former AIG president. flag Neal, who was set to join AIG in December 2025, had his appointment canceled after an internal review at Lloyd’s found concerns over his close professional relationship with Clement, including shared travel. flag AIG terminated Neal’s role before he started but will pay him $2.7 million in compensation for lost incentives. flag The incident follows a prior case at QBE Insurance where Neal faced penalties for failing to disclose a relationship with a subordinate. flag Lloyd’s launched an independent review, and the situation has raised broader concerns about leadership conduct and conflict-of-interest policies in major financial firms.

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