Michael Jackson's Trials

Michael Jackson's Trials


The Ongoing Trials of The Late Michael Jackson

Friday, June 26, 2009

Self Insured

AEG Live, the company that was hosting Michael Jackson's residency this summer at the O2 Arena in London, is facing a probable loss of around £300M.

Under normal circumstances an insurance policy would have been taken out. However, given the scepticism at the time in the insurance community, over whether Jackson could complete the residency, AEG Live opted for self insurance.

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