Peter Zaffino to Take Over as AIG CEO, Insurer to Divest Life-Insurance Business

AIG sells travel insurance product to Zurich

Insurance conglomerate American International Group Inc. is taking steps to split off its life-insurance business into a separate company, leaving it to focus on property-casualty insurance, a separation it will make under the direction of a new chief executive. In news releases late Monday afternoon, the New York company said current Chief Executive Brian Duperreault… Continue reading Peter Zaffino to Take Over as AIG CEO, Insurer to Divest Life-Insurance Business