Bob Benmosche is in a very good mood.
One could hardly blame him. The CEO of the once-beleaguered American International Group (AIG) has much to smile about these days: Under his leadership, AIG repaid its debt to the U.S. government in full last November, with $22.7 billion in interest. Then, right after he achieved that milestone—one that many industry observers thought next to impossible—the International Insurance Society announced on Jan. 2 that it will induct Benmosche into the 2013 Insurance Hall of Fame.
With its bailout chapter now behind it—and a "Thank You, America" TV ad campaign blanketing the airwaves—Benmosche says AIG can move forward with renewed focus on its core business as a global insurer—and embrace its future, rather than dwelling on its past.
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Shawn Moynihan
Shawn Moynihan is Editor-in-Chief of National Underwriter Property & Casualty. A St. John’s University alum, Moynihan has earned 11 Jesse H. Neal Awards, the Pulitzers of the business press; seven Azbee Awards, from the American Society of Business Press Editors; two Folio Awards; and a SABEW award, from the Society of American Business Editors & Writers. Prior to joining ALM, he served as Managing Editor/Online Editor of journalism institution Editor & Publisher, the trade bible of the newspaper industry. Moynihan also has held editorial positions with AOL, Metro New York, and Newhouse Newspapers. He can be reached at [email protected].
