AIG Incoming CEO Peter Hancock

AIG Incoming CEO Peter Hancock

Michael Nagle/Bloomberg

AIG Incoming CEO Peter Hancock. Robert Benmosche, chief executive officer of AIG, is turning over the CEO post to Peter Hancock, who leads the property-casualty unit and previously spent two decades at J.P. Morgan & Co. before the bank merged with Chase Manhattan Corp. AIG announced in June that Hancock would become CEO on Sept. 1.