American International Group Inc. has renamed its domestic general insurance operations the AIG Property Casualty Group and announced a realignment of management with the new operation.

The New York-based company said the change reflects "the increasing power of AIG's corporate brand, while providing its customers, shareholders and regulators with a clearer view of AIG's U.S. and Canadian operations."

The new AIG Property Casualty Group will include the AIG Domestic Brokerage Group companies, which will now be known as AIG Commercial Insurance Group, as well as the AIG Domestic Personal Lines companies, United Guaranty Corporation, and The Hartford Steam Boiler Inspection and Insurance Company.

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