Insurance coverage conglomerate American Worldwide Group Inc. is taking steps to separate off its life-insurance enterprise right into a separate firm, leaving it to give attention to property-casualty insurance coverage, a separation it can make beneath the route of a brand new chief government.
In information releases late Monday afternoon, the New York firm mentioned present Chief Govt Brian Duperreault will hand over his title on March 1 to Peter Zaffino, the corporate’s president.
The…
