Benmosche News
Hancock Replacing Benmosche as CEO Sept. 1; Taking First Board Role
When Peter Hancock spoke at the Professional Liability Underwriting Society D&O Symposium in February 2012, he may not have foreseen yesterday's announcement that he would ascend to the highest ...
AIG Board’s Decision: Hancock Replacing Benmosche Effective Sept. 1
American International Group announced Tuesday that its board of directors has named Peter D. Hancock as President and Chief Executive Officer, AIG, effective September 1. Hancock, who currently ...
Benmosche $6M Bonus is 50% Above Target
Robert Benmosche, the chief executive officer of American International Group Inc., received a $6 million cash bonus for 2013, 50 percent more than his target amount. Benmosche, 69, also received a ...
AIG Trimming U.S. P/C Staff By 3%; Commercial Combined Ratio Improves to 107.7
Insurer American International Group on Thursday raised its dividend and announced more share buybacks as its fourth-quarter earnings beat expectations, swinging to a profit compared with a ...
AIG Earnings Call Highlights: Broker Quality Scrutinized; Still Committed to ‘Aspirational Goals’
Property/casualty insurance brokers who aren't diligent about the accounts they're presenting to American International Group risk being discovered through one of the features of the carrier's ...
It’s Not About AIG, Says Berkshire’s Peter Eastwood
When a veteran of CNA joined Berkshire Hathaway Specialty Insurance to lead the new venture's professional liability division last week, the news did not receive the press that the followed the first ...
Is P/C Industry Overcapitalized? Maybe Not, Carrier CEO Says
The chairman and CEO of a specialty property/casualty insurance carrier called into question the notion that the industry is overcapitalized on last week, pointing to the changing nature of volatile ...
Federal Regulation Would Have Uncovered AIG Problems In ’08: Benmosche
Federal regulation at the holding company level would have prevented the near-failure of American International Group in 2008—and had the company actually failed, it would have disrupted the entire ...