(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)
