Of all the storied figures in the history of insurance, none canquite match the legendary status of Maurice “Hank” Greenberg, whoreigned for almost 40 years as CEO of AIG–which grew, under hisleadership, from a small player to became the largest insurerever.
|Greenberg's triumphs were enormous. Just one mind-boggling statof many: AIG's market value increased 700-fold on his 37-yearwatch. His fall, following an investigation in 2005 into a“phantom” reinsurance deal worth $500 million, was equally epic ashis board of directors asked him to step down.
|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.
|Click here to watch Part 4 of the video interviewwith Hank Greenberg.
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