Monday, February 08, 2010
Benmosche sees P&C unit, US life at AIG's core
American International Group Inc (AIG.N) Chief Executive Robert Benmosche envisions a smaller company in the future, with global property-casualty and U.S. life and annuity operations at its core, according to his comments in an internal company publication.
AIG, once the world's largest insurer, has to shrink because it must sell businesses to pay back the U.S. government as well as to become a more focused organization that is "not too big to fail," Benmosche said in a recent interview with Contact, a copy of which was obtained by Reuters...
Reuters: Benmosche sees P&C unit, US life at AIG's core
AIG, once the world's largest insurer, has to shrink because it must sell businesses to pay back the U.S. government as well as to become a more focused organization that is "not too big to fail," Benmosche said in a recent interview with Contact, a copy of which was obtained by Reuters...
Reuters: Benmosche sees P&C unit, US life at AIG's core
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