American International Group is reorganizing its underwriting businesses into three main segments—General Insurance, Life & Retirement, and a standalone technology-enabled platform—the company announced today. The company will no longer have Commercial and Consumer segments. Instead, General Insurance and Life & …
American International Group Inc. veteran Brian Schreiber, who shepherded multibillion-dollar deals that expanded the company and then shrank it after the 2008 credit crisis, is departing as the insurer overhauls management. Seraina Maag, who rose to oversee regional operations after …
American International Group Inc., the insurer being pressured by activist investor Carl Icahn to boost returns, said last week that Chief Financial Officer David Herzog is among top managers leaving the company as Chief Executive Officer Peter Hancock shakes up …
