American International Group to launch three new units


(MENAFN) According to the American International Group Inc, it will recognize into three new units and will no longer have separate commercial and consumer businesses, in the first major move for new Chief Executive Officer.

The new structure for AIG aims to have general insurance business, a life and retirement unit and a stand-alone technology unit.

However, in May, the shakeup marks Duperreault's first major restructuring action after taking the helm of the company.

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