March 9- American International Group Inc said on Thursday Chief Executive Peter Hancock will step down after the insurer's widening losses stung investors, including billionaire Carl Icahn. Hancock had faced questions about his ability to carry out a two-year turnaround plan that targets returning $25 billion to shareholders after AIG reported an...
Ari Benmosche, son of Bob Benmosche, reminisces about his father's dramatic corporate comeback as he successfully lead AIG out of the financial crisis.
AIG CEO Peter Hancock remembers the legacy of former AIG CEO and President Robert "Bob" Benmosche, who has has died at age 70.
Former AIG CEO and President Robert "Bob" Benmosche has died at age 70. CNBC's Steve Liesman remembers his role at AIG following the financial crisis.
Former AIG CEO and President Robert "Bob" Benmosche has died at age 70, reports CNBC's Sue Herera.
AIG CEO Benmosche learned in May that he had less than a year to live, leading to his decision to resign earlier, Bloomberg Businessweek reported.
AIG CEO Bob Benmosche reacts to the company's first quarter report, how the yen impacts numbers, and discusses the corporate tax structure.
AIG CEO Robert Benmosche weighs in on Q4 earnings. AIG stands for ability to ensure properties and is about risk diversification, he says.
AIG CEO Robert Benmosche nominates former Fed chair Ben Bernanke to CNBC's top 25 contender list. Bernanke is an "unsung hero" for creating the strong financial system we have today.
"AIG is an important part for the financial system" says AIG CEO Robert Benmosche. The system is safer and stronger now than it has been in a long time, he adds.
CEOs from major banks met with President Obama on Wednesday and warned of the consequences if lawmakers fail to raise the US debt ceiling.
Once the poster child for the U.S. financial crisis, the insurer's business is now thriving, and the stock has doubled since August of 2009. CNBC's Mary Thompson reports on the company's turnaround.
Jim Cramer explains why he is backing American International Group, even though it is heavily held by hedge funds.
Robert Benmosche, president & CEO of AIG, explains what stands out to him about the company's earnings.
AIG announced Friday that it had repaid its final debt to the U.S. Treasury of its $22.7 billion government bailout.
CNBC's Mary Thompson has been following AIG's board meeting and offers details. Meanwhile Robert Benmosche, AIG CEO, explains why he decided not to join Hank Greenberg's lawsuit.
The U.S. Treasury is selling its remaining stake in insurer American International Group, bringing an end to government ownership of the company about four years after a $182 billion bailout.
*EPS of $1.13 vs 86 cent Street view. The remaining stake pertains to AIG shares the Treasury Department owns in exchange for capital it infused. Last quarter, the Treasury Department sold $26.5 billion worth of AIG shares, including approximately $8 billion purchased by AIG.
"We don't know exactly what happened; I'm just as surprised as anybody else," said AIG's CEO, Robert Benmosche, to CNBC's Bob Pisani, on the sudden departure of Citi's CEO, Vikram Pandit.
American International Group reported Q1 EPS of $1.65 versus an estimate of $1.12. Robert Benmosche, AIG president and CEO, offers insight on the company's latest strategy.