American International Group, Inc. (AIG), the global insurance major, Monday announced that it has appointed Eric Andersen as its next Chief Executive Officer and President, effective June 1.
Current chief executive, Peter Zaffino will become Executive Chair of the company.
In pre-market activity, AIG shares were trading at $74.85, down 0.35% on the New York Stock Exchange.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.