Under New CEO Hancock, Smaller AIG Expected to Focus on Growth

By Hugh Son and | June 11, 2014

  • June 11, 2014 at 2:36 pm
    Agent says:
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    It doesn’t matter who the CEO is. They have a culture of corruption and they will get caught again. While they were owned by the taxpayers, they were insuring risks with Cuban connections which is a violation of sanctions against Cuba. They had to pay a hefty fine.

    • June 12, 2014 at 3:26 pm
      Sargeant Major says:
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      Hello Agent:

      A couple questions for you: Is the Texas Ranger museum in Waco? Also, how far is it from Dallas to Waco? We are actually heading back to Texas and we may end up having an office in the Dallas area. I thought if we had some extra time we might take a road trip to the Ranger museum.

  • June 11, 2014 at 5:15 pm
    Dave says:
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    I still question the viability of their core P&C operations. In a continuing soft market in large part caused by their bad behavior over the last couple of decades I question their current pricing and old reserves which they bumped by over $10 billion under the fog of the the financial crisis and AIG bailout. Is that fixed? Or is there more to come. Benmosche was a Life & Health guy and Hancock was a Wall Street bean counter. Does either one have the expertise to assess their P&C mess? Or are they just listening to the guys who ran the business over the time they accumulated all those unaccounted for reserves?



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