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AIG says Peter Hancock to replace Robert Benmosche as CEO


    (Reuters) - American International Group Inc said it named Peter Hancock as its new chief executive, effective Sept. 1.

    Hancock, the head of the insurer's global property-casualty business, succeeds Robert Benmosche, who will retire in September.

    Benmosche will take up an advisory role at AIG, the company said in a statement.

    (Reporting by Avik Das in Bangalore; Editing by Simon Jennings)