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Peter Zaffino, former CEO of Marsh LLC, was named global chief operating officer of AIG, again working closely with CEO Brian Duperreault.

Peter Zaffino, former CEO of Marsh LLC, was named global chief operating officer of AIG, again working closely with CEO Brian Duperreault.

The new CEO will seek to bring stability to AIG, which has endured the departures of top executives, higher-than-expected claims costs and four losses in seven quarters.

May the speculation cease: AIG has appointed P&C insurance maven Brian Duperreault its new President, CEO and director.

May the speculation cease: AIG has appointed P&C insurance maven Brian Duperreault its new President, CEO and director.

American International Group Inc. is weighing a plan to hire Brian Duperreault as the companys seventh chief executive officer since 2005, according to people familiar with the boards deliberations.

Technology for connectivity is central to fostering incumbent loyalty and enticing the attention of a new generation of distributors.

Hamilton Insurance Group Ltd., the Bermuda insurer thats backed by principals of hedge fund firm Two Sigma Investments, hired former AIG executive Seraina Maag to run its operation in the U.S.