Has selected former MetLife chief, Robert Benmosche as its new CEO
American International Group (AIG) has selected former MetLife chief, Robert Benmosche as its new CEO – reported in Reuters.
Mr. Benmosche would succeed Edward Liddy as AIG’s chief executive officer. Mr. Liddy joined the company as chairman and CEO last September, within hours of the company getting billions of dollars in support from the US government after nearly collapsing under losses on repackaged mortgages it had guaranteed.
In May, Mr. Liddy stated that he had decided to step down once replacements were found to fill the CEO and chairman roles.
American International Group has renamed its property casualty and general insurance business, formerly known as AIU Holdings, to Chartis.