American International Group Inc. promoted Peter Hancock to chief executive officer as the company focuses on growth after his predecessor stabilized the insurer and paid back a 2008 government bailout.
Our love of baseball was just really starting to mature when Bob Welch was torching the American League in 1990, and the awakening was mostly from a better appreciation for pitching.
American International Group Inc. is counting on Peter Hancock to make up for his lack of an insurance background with experience managing financial risk.
American International Group Inc., the largest commercial insurer in the U.S. and Canada, is shifting workers to locations including the Philippines and Texas to reduce costs.
"The mission is to take what is still, by many measures, the largest insurance company in the world and make it the most valued."
- Peter Hancock on Aug 07, 2014
KBW’s Shields Says AIG Is ‘Ready to Move On’ (Audio)