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.
American International Group Inc., the largest property-casualty insurer in the U.S. and Canada, announced a tender offer for as much as $1.5 billion of its bonds as Chief Financial Officer David Herzog seeks to cut debt.
American International Group Inc., the largest commercial insurer in the U.S. and Canada, said first- quarter profit fell 27 percent as claims costs climbed at the property-casualty business. AIG slipped in New York trading.
AerCap Holdings NV completed its $7.6 billion purchase of International Lease Finance Corp., creating the largest independent jet-leasing firm and a windfall for seller American International Group Inc.
Robert Benmosche , who said the U.S. will be repaid with interest for American International Group Inc. ’s bailout, is set to become the insurer’s longest-serving chief executive officer since the firm’s near-collapse in 2008.
Robert Benmosche , chief executive officer of American International Group Inc. , said he was undergoing treatment for cancer and remained committed to repaying the insurer’s $182.3 billion taxpayer bailout.