Benmosche to step down during the first quarter of next year

Two front-runners have emerged in the race to succeed Robert Benmosche as the new chief executive of American International Group (AIG).

The insurer’s board has narrowed the field to two internal executive: Peter Hancock and Jay Wintrob, according to The Wall Street Journal.

Hancock runs the giant US insurance conglomerate’s global property-casualty business, while Wintrob is in charge of AIG’s life-insurance and retirement-services unit.

The 69-year-old Benmosche, who is being treated for cancer, has outlined plans to step down during the first quarter of next year.

 

 

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.