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AIG CEO Peter Hancock to step down: What's next?

Peter D. Hancock, AIGs president and chief executive officer, has announced he is resigning from the titan P&C insurer.

By Shawn Moynihan | Updated on March 09, 2017
Peter Hancock is interviewed on the floor of the New York Stock Exchange in January 2016. "At this point, there is no heir apparent," a source at AIG tells PC360.com. (AP Photo/Richard Drew)

Peter D. Hancock, AIG’s president and chief executive officer, has announced he is resigning from the titan P&C insurer. 

Hancock, 57, will continue to serve as CEO until a successor has been named. AIG’s board will conduct a comprehensive search for a successor.

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Shawn Moynihan

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].

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