Of all the storied figures in the history of insurance,none can quite match the legendary status of Maurice “Hank”Greenberg, who reigned for almost 40 years as CEO of AIG–whichgrew, under his leadership, from a small player to became thelargest insurer ever.
Greenberg's triumphs were enormous. Just onemind-boggling stat of many: AIG's market value increased700-fold on his 37-year watch. His fall, following an investigationin 2005 into a “phantom” reinsurance deal worth $500 million,was equally epic as his board of directors asked him to stepdown.
But Greenberg, at 87, is determined to rise again, and hecurrently serves as chairman and CEO of the Starr Companies, whichhad been a privately owned company within AIG's orbit.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
