AIG promotes Peter Hancock to CEO, replacing Benmosche
After paying off $182.3 billion bailout, insurer focused on property-casualty coverage, life insurance and retirement.
American International Group Inc. (AIG), the largest commercial insurer in the U.S. and Canada, promoted Peter Hancock to be the next chief executive officer, replacing Robert Benmosche, who repaid a U.S. bailout.
Mr. Hancock, 55, who oversaw property-casualty insurance, will be CEO and president as
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