Robert H. "Bob" Benmosche is the president and chief executive officer of American International Group (NYSE: AIG). Benmosche was appointed President Chief Executive Officer by the US Department of Treasury and AIG Board of Directors to succeed Edward M. Liddy. Benmosche is best known for his leadership at American International Group where he led a turnaround, improved profits 60% year over year, and paid down government aid pledged by the Bush and Obama Administrations.
American International Group, Inc. – also known as AIG – is an American multinational insurance corporation with more than 88 million customers in 130 countries. AIG companies employ over 64,000 people in 90 countries. The company operates through two segments: AIG Property Casualty and AIG Life and Retirement. AIG Property Casualty provides insurance products for commercial, institutional and individual customers. AIG Life and Retirement provides life insurance and retirement services in the United States. It also focuses on mortgage guaranty operations, global capital markets operations, direct investment and retained interests.