MUMBAI: Deceased pop star Michael Jackson’s promoter AEG has withdrawn a $ 17.5 million insurance claim over the singer’s aborted ‘This Is It’ tour due to his death in June 2009.

AEG was promoting 'This Is It' series of 50 concerts in London, which were cancelled when Jackson died due to Propofol intoxication during rehearsals. AEG had filed the claim against insurer Lloyd's of London for its concert-related losses in 2009.

However, the claim was withdrawn following counter-sue by insurance underwriters Lloyds of London against AEG for concealing the singer’s poor health and his drug use.

A leaked internal email from AEG executives showed the company was aware of the 50 year old pop singer’s health and lifestyle.

A lawyer for AEG said the company dropped the claim because it had been reimbursed by the singer's estate.

"The insurance case continues against the Michael Jackson Company LLC for, among other things, rescission of the policy due to nondisclosures of Michael Jackson's prior drug use," Lloyds said.

Prior to his death, Jackson was regularly being put to sleep using Propofol - a powerful aesthetic which should not be used outside of a hospital room - administered by his private doctor, Conrad Murray. The medic is currently serving a sentence for involuntary manslaughter in connection with his death.