Thursday, August 13, 2009

 

AIG's Hiring of Benmosche Raises Conflict for Potential MetLife Deal

The appointment of Robert Benmosche as chief executive of American International Group Inc. raises a conflict-of-interest issue for at least one potential deal as the global insurer seeks to sell assets.

AIG has been in talks with MetLife Inc. about a possible deal for all or part of one of AIG's largest foreign life-insurance units. Mr. Benmosche is an ex-MetLife Inc. chairman and chief executive and remains a MetLife shareholder...

WSJ: AIG's Hiring of Benmosche Raises Conflict for Potential MetLife Deal (Subscription required)

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