Anglo-IL&P trial leaves insurer with huge bill

Costs run to six figures in longest criminal trial in history of state

AIG will have a six figure bill to pay Pic: Getty

AIG Insurance is facing a massive six-figure bill to cover the legal costs of three of the four defendants in the recent Anglo-IL&P trial.

Denis Casey (56), former group chief executive of Irish Life and Permanent (IL&P), Peter Fitzpatrick (63), IL&P’s former director of finance, and John Bowe (52), former head of capital markets at Anglo Irish Bank, were covered by a corporate policy from their former employers for the marathon 89-day case, ...