C.V. Starr & Company–headed by Maurice Greenberg, the former boss of American International Group–strongly denied that the managing general underwriter is busy looting staff from AIG.
A statement from the company was released after Douglas A. Love, executive vice president of Bermuda Investors Guaranty Fund, was quoted in The New York Times on Oct. 27 as stating that Mr. Greenberg, the former chair and chief executive officer at American International Group, was "raiding people out of AIG…"
Concerning "reports about an exodus of employees from AIG," Starr said it understood that over the last year "a number of AIG's 100,000-plus employees have left AIG to join the company's direct competitors in the global property and casualty and life insurance businesses."
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