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Robert Benmosche, Former AIG CEO, Dies at Age 70

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Remembering Former AIG CEO Bob Benmosche

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Robert Benmosche, the combative former chief executive officer of American International Group Inc. who led the insurer, once the world’s largest, to repay a $182.3 billion taxpayer bailout, has died. He was 70.

He died on Friday at NYU Langone Medical Center in New York following treatment for lung cancer, AIG said in a statement. The insurer announced in October 2010 that Benmosche had cancer, and the CEO said in August that he’d moved up his departure after his prognosis worsened. Benmosche was replaced by Peter Hancock on Sept. 1.