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AIG Announces Segment Shake-Up

Tuesday, September 26, 2017 | 673 | 0 | 17 min read

American International Group on Monday announced a restructuring that will eliminate the company’s commercial and consumer segments, a move that includes the departure of Rob Schimek, the commercial segment’s chief executive officer. Rob Schimek Instead of commercial and consumer, the company’s segments will instead include General Insurance and Life & Retirement segments. In addition, there will be a stand-alone, technology-enabled platform, led by Seraina Macia as CEO. General Insurance will include commercial, personal insurance, and U.S. and intern...

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