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American International Group Inc., the largest commercial insurer in the U.S. and Canada, said profit rose 1% in the first report under Chief Executive Officer Peter Hancock.

Robert Benmosche said an emerging challenge from Warren Buffetts Berkshire Hathaway Inc. hasnt amounted to much so far.

AIG named Kevin Hogan to lead its main life-insurance business, putting him in charge of offerings for individuals, as new Chief Executive Officer Peter Hancock shakes up management.

St. John's University will honor XL Group CEO at annual dinner

The leadership transition at insurer American International Group Inc. is like switching generals after winning a war, Chairman Steve Miller said today.

Robert Benmosche is stepping down as AIG CEO this weekend. Here is a timeline of noteworthy events during his time at the insurance giant.

Benmosche, who is stepping down this weekend after 5 years as AIG's CEO, said he learned in May that he had nine months to a year to live.

Incoming American International Group CEO Peter Hancock indicated yesterday as he took the helm that he is confident longtime AIG executives will decide to remain with the company.